Severn Mortgage and Protect, a Shrewsbury-based mortgage brokerage, has launched a new commercial finance arm, Severn Commercial Finance, marking an expansion into business lending.<\/p>\n
The move comes after the firm recently relocated to larger premises at The Hay Yard on Shrewsbury Business Park to accommodate growth and support its expanding team.<\/p>\n
The new division will provide commercial mortgages, development finance, bridging loans and business loans through a broad panel of lenders, operating from the same Shrewsbury base as the existing business.<\/p>\n
Rob Brookes, business principal of Severn Mortgage and Protect said: \u201cOver the years, we\u2019ve worked with many clients whose needs extend beyond residential mortgages, whether that\u2019s business growth, property investment or more complex funding arrangements.<\/p>\n
\u201cLaunching Severn Commercial Finance allows us to support those clients more completely, with a dedicated focus on commercial lending and access to a wide range of specialist funding options.\u201d<\/p>\n
\u201cThe move to The Hay Yard was an important step for us. It gives us the space to grow the team and develop new areas of the business. This isn\u2019t a change in direction, it\u2019s an evolution. We\u2019re building on what we\u2019ve already achieved and extending our offering to meet the needs of clients as they grow.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
A local mortgage brokerage has launched a new commercial finance division, offering business loans, bridging finance and commercial mortgages<\/p>\n","protected":false},"author":266702,"featured_media":2110298,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53262],"coauthors":[127717],"class_list":["post-2110295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","tag-featured-story","tag-shropshire"],"yoast_head":"\n