Interbridge Financial Group has completed a £500,000 bridging loan in five days for a renovation of a flat in East London.
After running into service problems with another lender, John Piccolo of Able to Bridge contacted Lee Carling, head of bridging at Interbridge, asking if he could receive the funds for the renovation quickly.
After reviewing the case Interbridge offered the loan. All parties worked hard to ensure the client did not incur an additional fee and they successfully completed the loan on day five.
Piccolo said: “Interbridge adopted an old school, common sense approach to the underwriting whilst the solicitors acting behind the scenes were very proactive.
“I retained a very happy client and will not hesitate in using Lee and the Interbridge team again.”
Carling added: “When everyone is pulling in the right direction and not being bogged down by over zealous decision makers, then providing a speedy service is achievable and we look forward to assisting Able to Bridge in the future.”