The bridging loan and development finance landscape has changed dramatically since the days before coronavirus. In April, during the initial weeks of the lockdown, a substantial percentage of lenders shut their doors and withdrew from the market. With estate agents closed, viewings cancelled, surveyors unable to carry out valuations, the effects on the property industry were Armageddon-like in their severity.
However, with lenders and property investors adapting to the new normal, the market is now starting to open up, but with some new challenges in an industry that is changing on a daily basis.
It is for this reason that the team at Tiger Financial is now seeking referral opportunities from industry professionals who come into contact with property investors and developers, who they feel may benefit from the experience and industry knowledge from a leading broker such as Tiger. These referral partners might include:
- Accountants
- Solicitors
- Financial Advisers
- Management Consultants
- Surveyors,
- Builders, contractors, and traders
- Mortgage Brokers
- Insolvency Practitioners
- Estate Agents
- Business Brokers
In today’s fast-moving and competitive world, businesses need to gain every possible advantage. With the unique and unprecedented challenges posed by coronavirus, being able to offer clients a range of flexible and cost-effective bridging loan and development finance solutions could give that business the edge and help to close an all-important deal before the competition does it instead.
Matthew Dailly, Managing Director at Tiger Financial, adds: “We fully appreciate the value of customer relationships and will provide the very highest standards of service for all referrals that are passed to us. We will work as a “finance partner” and a member of the team, with clear and regular communication between all parties. We move quickly and will always deliver on our commitments both to our referral partners and their clients.”
A Lucrative Side Income Stream.
With many businesses struggling throughout these unusual economic times, the opportunity to work with Tiger by referring property investor clients who need financing, is not only an enhancement to their service offering, it’s also an opportunity to generate an extra revenue stream for the business.
In recognition of the mutual opportunity when put into contact with clients who require a bridging loan or development finance, Tiger will pay a generous split of the fee income generated on the successful closing of the loan package. In some cases, this can be a very lucrative opportunity and would represent a substantial enhancement to the revenue of the referring business
Matthew Dailly has been involved in property finance since 2004 and is a regular contributor to specialist finance publications discussing the bridging loan and development finance sector.
About Tiger Financial
Tiger Financial is wholly a market bridging loan and development finance broker with over a decade in the market. Their team works to provide short term property funding solutions across the whole of the UK, arranging market-leading bespoke and flexible lending terms.
Media Contact
Company Name: Tiger Financial
Contact Person: Matthew Dailly
Email: Send Email
Phone: 0207 965 7261
Address:Kemp House, 152 City Road
City: London EC1V 2NX
Country: United Kingdom
Website: http://tigerfinancial.co.uk/
