Latest Press & Blog

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Birmingham businessmen give seven-figure credit line to OFFA – the UK's first Sharia-compliant bridge finance company 

05 Sep 2022

Two prominent businessmen from the West Midlands, Sunny Araf and Janed Karim, are backing a pioneering Birmingham start-up, OFFA, with a seven-figure funding line for their bridging products. The self-made millionaires, who made their fortune in security, believe the opportunity to invest in the UK’s first Sharia-compliant bridging company is an important “win-win-win” for them as ethical Muslim investors, for OFFA’s expansion plans, and by enabling more choice for diverse customers in the bridging market. 

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YBS COMMERCIAL TEAM COMPLETES HIGHEST VALUE DEAL-TO-DATE

23 Aug 2022

The Midlands hub of YBS Commercial Mortgages have completed their highest value deal-to-date, with a loan worth more than £10 million.

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MFS secures £125m funding increase

16 Aug 2022

Market Financial Solutions (MFS) has secured £125 million of institutional funding in response to significant demand for both its bridging products and buy-to-let (BTL) mortgages.

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£250,000 Reward Finance funding deal helps Scottish company develop pioneering musical accessories

10 Aug 2022

A Scottish designer and manufacturer of musical accessories is looking to repeat the global success of its first product launch in 2021 with two new innovations, after agreeing a £250,000 funding deal with Reward Finance Group.

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Ultimate Finance freezes Bridging Finance loan rates in the face of rising interest rates

09 Aug 2022

Specialist asset-based lender Ultimate Finance is today announcing they are freezing their Bridging Finance loan rates from 0.74% per month for the next two months in the face of continuing challenges for developers in the residential property market.

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LDS Sales Guarantees announces new lower fee band and expands criteria to include apartments

26 Jul 2022

Enhancements come as market uncertainty grows – LDS Sales Guarantees remove sales risk and maximise developers’ equity to keep the industry lending and building.

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ASPEN ENHANCES SERVICE EXCELLENCE

26 Jul 2022

Aspen Bridging is taking its service excellence to new levels with the lender completing over 40% of deals in under 14 days in the six weeks up to July 22, 2022.

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Reward Finance Group supports kitchen worktop retailer's growth plans with £150,000 funding deal

25 Jul 2022

A Yorkshire-based kitchen worktop retailer is targeting further growth after agreeing an additional £150,000 funding deal with Reward Finance Group.

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Ultimate Finance provides over £1bn of funding in the first half of 2022

20 Jul 2022

Specialist asset-based lender Ultimate Finance has continued its strong growth for the first half of the year, providing funding of more than £1bn, with over 750 new facilities securing much needed cashflow for UK SMEs to support growth and investment plans.

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Packaging specialist to invest for growth following £250,000 Reward Finance Group deal

18 Jul 2022

A Leeds-based custom-made transit packaging supplier is embarking on the next stage of its growth plans after agreeing a £250,000 flexible funding deal with Reward Finance Group.