Spring Finance, a specialist lender, is pleased to announce the extension of its range of bridging products to include lending in Scotland. This expansion encompasses the full suite of bridging products and follows a recent reduction in the company’s bridging rates. It is just one of several enhancements that the company has in the pipeline for the upcoming months, following a consultation with key broker partners.
In this new venture, Spring Finance will receive legal support from Allan McKendrick and his team at Wilson McKendrick solicitors. Claire Newman, the director of bridging at Spring Finance, expressed her enthusiasm, stating, “It is an exciting time in Spring’s journey and I am very pleased that we have been able to offer a product that our brokers have been asking for. We look forward to working with our brokers on their Scottish loans.”
The sales director of bridging, Jim Baker, also commented on this development, saying, “We have seen a significant demand for specialist bridging in Scotland and this launch shows how quickly we can respond to the needs of our brokers on both sides of the border. Supporting this key area of the market is a clear demonstration of our ongoing commitment to build a leading proposition in the specialist bridging space.”
On the other hand, John Hardman, the managing director of Fluent Bridging, expressed his positive outlook on the expansion, stating, “We have a fantastic working relationship with all the team at Spring. They have a clear niche that helps support a number of our customers and the expansion into Scotland will definitely create new opportunities for us and Spring as we continue the rapid growth of our business.”
This development marks a progressive step for Spring Finance and its continued efforts to meet the evolving needs of its clients and expand its market reach. It also underscores the company’s commitment to providing a comprehensive and competitive suite of products to brokers and clients in Scotland.
With the bridging lending market in Scotland showing promise and garnering increased attention, the move to include lending in this region aligns with Spring Finance’s strategic objectives and solidifies its position as a key player in the specialist bridging space. As the company gears up for further enhancements in the coming months, its expansion into Scotland serves as a testament to its proactive approach in adapting to market demands and staying ahead of the curve.
In conclusion, Spring Finance’s foray into the Scottish market has been met with positive anticipation and support from industry professionals, affirming the potential for growth and success in this new venture. As the company looks forward to working closely with its brokers on Scottish loans, this expansion represents a significant milestone in its ongoing journey towards offering innovative and tailored financial solutions to a broader clientele.