The offering caters for those looking to purchase or refinance light-use commercial properties worth up to £1.5m in England and Wales. 

Mint can provide up to 70% LTV on loans between £75,000 and £1m, with 12-month terms and serviced or deducted interest.

The lender can also use desktop valuations up to 50% LTV with this product, with heavy adverse credit considered where the exit is sale.  

The launch brings Mint’s total number of ‘power products’ to seven, which includes its standard bridge, high-value bridge, Scotland bridge; light works, medium works, and heavy works loans.

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“Whereas others ceased to lend or reduced their product offering throughout the pandemic, we’ve been pleased to not only continue lending, but to increase our specialist product range, increasing our visibility nationwide,” said Andrew Lazare, founder and managing director of Mint (pictured above).

“We’ve invested significantly in sophisticated research tools which, coupled with the knowledge of our rapidly expanding expert team and close working relationships with direct borrowers, brokers, and professional introducers, has enabled us to accurately forecast developments in the market and tailor our products to suit, maintaining our competitive advantage. 

“The launch of our commercial bridge is just the latest example of this as we see an increasing number of vacant commercial properties in towns and cities across the UK remodelled.” 

Earlier this month, Mint secured a multi-million-pound block bridging facility from Aldermore Bank, which is set to help grow its portfolio of products with a focus on longer-term loans, such as three- to five-year term products and BTL mortgages.