ACM will provide long-term commercial mortgage products for brokers and their clients across commercial, semi-commercial and residential buy-to-let (BTL) properties.
The loans cover a wide variety of property types, including offices, industrial and warehouse units, and retail and mixed-use premises, as well as residential investments.
The loan terms will range from five to 30 years and loans will be available up to 75% loan to value (LTV).
Alternative Bridging Corporation said it had dedicated a team of regionally based internal business development managers (BDMs) to work with brokers from application to drawdown.
Jonathan Rubins (pictured), director and chief commercial officer at Alternative Bridging Corporation, said: “Commercial-term lending doesn’t need to be complicated. Brokers can be faced with numerous product options and conditions, which can make it difficult to establish quickly what a lender can and cannot do for their client.
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“We’ve designed ACM to remove as much of that complexity as possible. The proposition combines straightforward product options with flexible underwriting and clear communication, so brokers can get the answers they need and greater certainty from the outset.
“We’re bringing the same practical, case-by-case approach that brokers know from Alternative Bridging into longer-term commercial lending. We want ACM to give brokers a simpler way to place commercial loans, backed by people who understand property and property finance and are on call whenever they are needed.”
