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Omni Capital raises max loan size to £25m

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  • 11/10/2012
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Omni Capital raises max loan size to £25m
Omni Capital, the specialist short-term lender, has increased the amount it will lend to borrowers looking to invest in UK property.

With immediate effect, the lender’s upper loan limit has increased from £7.5m to £25m. Higher values will be considered on an individual case basis.

Colin Sanders, chief executive officer, said: “In the continuing absence of mainstream lending, bridging is able to provide borrowers with a wide range of alternative solutions. We, in particular, are seeing increasing demand from developers and investors for large value short-term loans that can be arranged quickly and with a high certainty of completion.”

He continued: “Our in-house funding model enables us to meet that demand. Because we have no external funders to satisfy or syndicates to co-ordinate, we’re flexible, nimble and able to satisfy the requirements of high quality professional borrowers being denied finance elsewhere.”

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