In its offering, the company will provide bridging loans between £500,000 and £10m with up to 75% LTV, while providing the same minimum and maximum amounts for development loans at 70% LTGDV — meanwhile mezzanine facilities will be provided between £500,000 to £5m with a maximum LTGDV of 75%.
The firm, backed by the Sydney & London Properties Group, will operate across England, Scotland and Wales and has offices in both London and Cardiff.
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With its connections to the Sydney & London Properties Group, the team has been involved in over £1bn of real estate transactions.
Fast & Flexible aims to create a streamlined lending process with only one level of credit approval and a committee that meets daily.
David Gross, director at Fast & Flexible (pictured above), said: “We are pleased to be starting our journey with Fast & Flexible Lending International as a new vehicle with a compelling offering.
“We have learnt what works and what is required to do quality deals and believe we can offer what many in large establishments give their clients, but without the layers of credit committee and clumsy decision making.”
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