Spring Finance announces partnership collaboration with Optalitix and LendingMetrics
Specialist lender Spring Finance has partnered with Optalitix and LendingMetrics to launch a market leading, technology led origination system. Optalitix Originate will provide Spring’s mortgage origination platform whilst LendingMetrics will provide an integrated decision engine. This collaboration will enable Spring to fully automate the decision in principle and application process, using data from credit reference […]
Spring awarded Highly Commended at B&C Awards
Spring were awarded Highly Commended at yesterday’s B&C Awards in the category of Regulated Bridging Lender of the Year! This category is one of the big ones of the event and to be awarded runner up is a fantastic achievement. There were some big names nominated alongside Spring with the likes of UTB, Precise, MT, […]
Spring grows funding lines while bolstering team
The firm has increased the size of all three of its institutional debt funding lines, while also closing on a mezzanine funding round from private investors. The company has also made a raft of appointments across its bridging and mortgage team and now has almost 40 members of staff. Amy Robinson joins from Apex Bridging, […]
Spring Finance aims to be ‘very sizeable, specialist non-bank lender’ with development finance entry, says CEO
Spring Finance will be launching a ground-up development finance proposition once economic conditions have settled, and will then introduce a first charge owner-occupied and buy-to-let range next year, as part of plans to become a “sizeable” non-bank lender, Andrew Bloom (pictured), the lender’s chief executive said. Speaking to this publication ahead of Deal Catalyst’s Annual […]
Spring Finance secures bridging funding line from Aldermore Bank
Specialist lender Spring Finance has announced that it has recently completed on a funding line with Aldermore Bank, which will be used to finance its bridging loans. Spring launched its specialist bridging proposition just over a year ago and in that time has built a highly experienced team. The new Aldermore facility sits alongside Spring’s […]
Spring Finance opens bridging range to all brokers
Spring Finance has today (20th June) rolled out its bridging proposition to the wider market following a three-month pilot with a select group of brokers. The specialist lender is now offering the whole of market a range of loans – from £50,000 to £2m – to support brokers and customers. The product suite includes regulated, […]
