The firm delivered the £7,000 loan to a property developer who had previously been turned down by a bank due to having a low-value property that he had purchased for only £47,000.
Ian Broadbent, Director at Holme Finance Bridging Solutions, said: “We met with the client, viewed the property, and could see for ourselves the excellent standard of progress already made; it was clear he knew what he was doing.
“Without the need for a formal valuation, which meant no upfront fees for the client and no solicitor involvement, we were able to advance the loan in just three working days from the date of application.”
Founded 15 years ago, HFBS specialises in short-term loans with straightforward applications that do not require solicitor involvement.
Leave a comment