Since its inception in 2000, Mathon has been building a reputation for providing bridging finance where other lenders are falling down. Traditionally, bridging loans have been seen as a source of emergency funds, but we are encouraging our broker network to think about bridging as a tool to enable them to grasp opportunities that require a fast decision and a flexible approach.
We understand a quick decision can make a huge difference to the success of a project and so we aim to deliver immediate decisions and avoid extended credit committee procedures.
One thing all our clients have in common is their need for speed and flexibility.
Mathon can easily meet the demands of a quick turnaround. The company is privately funded and advances its own funds, allowing all credit decisions to be made in-house, with the result that in many cases drawdown can be completed within five to ten days.
Rates start at 1.5 per cent and depending on valuation 100 per cent of the purchase price can be funded. Mathon has a range of flexible repayment options and will consider deals up to £20 million against property in Scotland, England, Ireland (North & South) and Wales.
If you think some of your clients could benefit from Mathon’s products contact the office on 0845 850 2400 and one of our business developments managers will be happy to talk them through with you.
If you'd like one of our new broker packs simply send an email to [email protected] with the subject header “Brochure”.
David Riddick is chief Surveyor at Mathon Finance