Brokers will now be able to deal directly with Clever Lending for development and bridging finance for a variety of uses such as buying investment property at auction, renovating property and for funding change of use.
Sonny Gosai, head of specialist lending at Clever, said: “It is very exciting for Clever Lending to be able to provide market-leading criteria for a variety of bridging, commercial and development funding products from LendInvest. We are delighted to be working with such a well-respected and established lender to be able to offer more solutions to introducers and their customers. I’m confident that we’ll have a very successful partnership.”
Matt Tooth (pictured), chief commercial officer at LendInvest, said: “At LendInvest we enjoy forging close working relationships with partners that share our values to distribute our products to a greater number of professional borrowers throughout the country. With this in mind, we are delighted to bring on board Clever Lending in what we expect to be a long and fruitful partnership. ”