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Brightstar to partner with Falcon Bridging Finance

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  • 23/08/2018
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Brightstar to partner with Falcon Bridging Finance
Brightstar Financial has signed a partnership with Falcon Bridging finance Limited, the bridging finance division of specialist financier Falcon Group.

 

Falcon Bridging Finance will provide a range of non-regulated products for both the residential and commercial property sectors via financial intermediaries in England and Wales.

It will be offering loans of up to £10m with tenors of up to 24 months, and a loan to value (LTV) of up to 75%.

Under the terms of the partnership, Brightstar Financial will provide its partners and clients access to Falcon Bridging Finance’s complete product range.

Paul Brooks, head of asset backed lending at Falcon Group, said the team is thrilled about this partnership with Brightstar Financial.

He added: “At Falcon, we pride ourselves on our outstanding service and dedication to our clients, and only work with the very best financial intermediaries.

“We believe Brightstar Financial have both the experience and the dedication to help us become a leading bridging financier in the coming years.”

Kit Thompson, head of short-term lending at Brightstar Financial, said: “We are delighted to be adding Falcon Bridging Finance to our lender panel.

“Their experienced team and strong financial backing are an exciting new addition to the bridging market and their strong product offering will mean increased opportunities for our intermediaries and clients alike.”

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