Two weeks after its launch into the sector, new development lender Quantum has received over £300 million of enquiries.
Last month, Bridgebank Capital announced its entry into the property development and structured finance sector with its new ‘large loans’ brand known as “Quantum”. Two weeks of trading has earned the brand over £300 million in enquires.
With Carl Graham and Steve Bryce heading up the Quantum team, the brand provides bridging and short term loans of over £1 million. Bridgebank Capital offers bridging loans of under £1 million.
Bridgebank Capital marked the launch of this new brand at its Thames Cruise corporate hospitality event for its primary Introducers, yesterday evening, where it informed attendees of the new suite of products available as well as its lending criteria.
Regarding the launch of the new brand, Laurence H Goodman, Group Managing Director commented: “As the business has grown and developed, we have made the decision to expand the portfolio of products that we offer and took the view that larger loans, development and structured finance proposals demand support from a dedicated, corporate and highly experienced unit within the Group; and likewise a separate branding will enhance the profile of this offering.
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