Intermediaries using the lender for commercial deals since this time last year said the lender’s success was due to “sensible” lending decisions and open lines of communication with the broker community.
Asher Goldman, director of Goldman Property Funding, said: “Aldermore has an exceptional team of knowledgeable and skilled business managers, who not only understand their market in detail, but who also have a real passion for what they do. They have short lines of communication, are willing to listen, are accessible and are committed to providing a fast and high quality service.”
The lender has grown the volume of business from a standing start 12 months ago, while the number of specialist staff in its Peterborough office is now at 20.
Rob Lankey, head of lending for Aldermore Commercial Mortgages, said: “We’ve made fantastic progress from a standing start 12 months ago.
"We’ve not only invested heavily in skilled staff and state of the art technology, but have placed a lot of emphasis on building close and productive working relationships with our broker panel, which has most definitely paid dividends for all concerned.
“We now intend to build on this solid start, ensuring the business continues to go from strength to strength and provides small and medium sized businesses with the financial support they so desperately need.”
David Whittaker, managing director, Mortgages for Business, said: “In less than a year Aldermore has delivered on its promises and has rapidly evolved its market offering with innovation and sound commercial judgment. If other lenders adopted the same approach to their business dealings as Aldermore, then the SME and property investor community would be in a far better place.”
And John Phillips, director, Kingswood Associates, added: “We frequently recommend Aldermore to our clients as they are one of the very few lenders who make sensible lending decisions and are actually completing on deals. They take a view on the overall strength of the applicant as well as the property itself and will work closely with their brokers to get things done as quickly as possible. A welcome addition to the commercial lending market.”
