Bridge Invest has joined Brickflow’s lender panel as it seeks to increase origination for a newly launched funding line.
The specialist lender’s addition to the digital marketplace coincides with the launch of a revolving credit facility aimed at active property investors.
The facility allows borrowers to draw up to 65% of a property’s value multiple times over a two-year period, reducing the need for repeated legal and valuation processes.
Brokers using Brickflow can now access Bridge Invest’s updated proposition, including funding of up to £10m in a single loan.
The lender is offering finance up to 75% of open market value on residential and semi-commercial property, and up to 65% loan-to-value on commercial assets.
The proposition also includes access to automated valuation models, designed to help transactions progress more quickly.
Daniel Glicksman, senior business development manager at Bridge Invest, says: “For us, joining Brickflow is all about getting capital into the hands of brokers and borrowers faster. Our increased £10m capacity and flexible OMV limits give them serious leverage in today’s market.
“But what I’m most excited to get out there is our new revolving credit facility. It completely cuts out the exhausting legal loops and repeat valuation fees that drag down regular borrowers, ensuring the money is just there and ready when an opportunity drops.”
Glenn Franklin-Jones, director of lender relations at Brickflow, adds: “We are proud to support lenders who are growing and want to benefit from Brickflow’s incredible reach.
“Our platform exists to eliminate manual loan sourcing from the property market, and bringing Bridge Invest’s agile new product onto the panel gives brokers a powerful tool to secure optimal funding in minutes without leaving money on the table.”
The integration is now live, allowing Brickflow users to source Bridge Invest’s updated terms through the platform.
