Bridging Finance Solutions (BFS) has announced a new interest rate for the new year, marking its lowest figure to date.
Interest rates will now be offered from 0.75% per calendar month on terms of up to 12 months.
Jeanette Gwatkin, Director of Marketing at Bridging Finance Solutions commented: “We’re incredibly excited about 2017 and wanted to start the new year with a strong incentive for both our existing and potential customers. Our latest offer of 0.75% is incredibly competitive and we believe will prove most attractive to both individuals and businesses looking to secure short term finance.
“We continue to look at our business offering, and as we take our next leap in terms of growth and expansion, recognise the need to incentivise new clients with what are undoubtedly some of the lowest rates available. For a true bridging product, we offer a 7-10 day completion rather than weeks.”
Bridging Finance Solutions saw its strongest year to date in terms of turnover in 2016 and is anticipating another strong year ahead, once again doubling turnover.
Jeanette added: “We have set ourselves some fairly ambitious targets but believe that these are very much achievable. We have honed and developed our business model and are rolling this out on a national scale whilst still servicing the North West market where our roots traditionally lie. Our flexibility and appetite for lower value loans continues to ensure we stand out from the crowd – I believe now these lower interest rates will further give us an edge in our market place.”