Mint Bridging has announced that it will consider the acquisition of Amicus Property Finance’s entire loan book.
Following the news that Amicus Property Finance has halted lending after failing to confirm vital investments, Mint has offered to help by reviewing loan enquiries that Amicus cannot honour – specifically loans that require urgent attention.
Since its launch in 2011, Mint has achieved sustained year-on-year growth and is actively pursuing opportunities to increase its operation and market share, believing the industry is due for consolidation.
Andrew Lazare, managing director at Mint Bridging, commented: “We’ve achieved unprecedented organic growth and continue to advance within the industry. Mint Bridging are now pursuing new opportunities, including acquiring other lenders or their loan books.”
“We have a powerful entrepreneurial team and our private funding model gives us the unique leverage to act on investments or buy outs when we see them. Our objective is that by working alongside our peers, we can help strengthen the industry.”
With this strategy, Mint Bridging will broaden its product offering, diversify its spread of loans and increase its client base while supporting short-term lenders.