Bridging Finance targets London market

MANCHESTER-based short term lender Bridging Finance is hoping to tap into the growing London economy by opening an office in the capital.

The firm, part of Jerrold Holdings, has appointed Phil Mabb to head the office as corporate development manager.

Bridging Finance said the move came as year-on-year lending in January more than doubled.

Managing director Chris Baguley said: “The London economy is booming and developers and professionals want to work with a lender who moves quickly, provides flexible funding solutions and has access to significant funds.

“We are the perfect fit for these individuals and businesses, so having a London office will mean we are at hand to assist on deals and quick transactions.

Bridging Finance supplies bridging loans for residential, commercial, semi-commercial and land purchases.