The firm, which is the lending division of Finanze Group, has completed on £25m worth of loans over the last 6 months and has further £100m in progress, expected to be completed in the coming months.

Finanze Capital has reported seeing around £10m a week in inquiries.

The firm reported that 57% of inquiries were for OMV bridging — which lends on open market value, while 15% of inquiries were for title split bridging — which lends on the upper split value of properties being split on completion to MULB or freehold splits.

In terms of development finance and development exit facilities, 14% of inquiries were for these areas, which lend again on OMV towards part complete sites, they can also consider first time developers or those with adverse history.

The remaining 14% of business is a mixture of refurbishment loans, term loans and lease extensions.

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To accommodate the growth, the firm has appointed two new heads of sales. Rayan Rehal, newly hired, to cover the north of England including Scotland and Andy Keehner, who has transferred across from the group’s product development and consulting team, to cover the Midlands and South England.

Alastair while retaining some key broker relationships, will focus more of his time on credit and underwriting, along with new product creation.

Alastair Hoyne, CEO at Finanze (pictured above), said: “Given the outpouring of interest we’ve received for our custom products, we felt it was important to ramp up coverage for our brokers. Both with dedicated support managers and in addition collateral and other product training to help brokers market our facilities.

“As a result of these changes, we hope to capture far more of the pipeline of inquiries we’ve been receiving and end the year on a high with over £150m in deployed loans as a target.”