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Bridging lender offers iPad deal

18 October 2010
Written by rosalind renshaw

Bridging specialist Goldentree Financial Services, which is backed by bookie Fred Done, has raised its maximum loan to £5m at up to 70% LTV.

Earlier this year, Goldentree re-entered the market after a £25m cash investment by Done, said to be the world’s largest independent bookmaker.

Goldentree is also offering a free iPad to any broker who completes two deals with them by the end of November.

Goldentree director Darryl Lee said: “It has been a very strong year for Goldentree so far. Fred’s support has enabled us to become lenders with a true appetite and money to lend, and the increase in our maximum loan is testament to that

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