Hilco Real Estate Finance (HREF) has become a patron lender of the National Association of Commercial Finance Brokers (NACFB).
The HREF will be able to network with the association’s commercial finance community, which includes over 2,500 brokers from more than 1,100 member firms, to promote their bridging loan proposition.
The company offers a range of “bespoke, flexible property finance solutions” across various real estate sectors and capital structures.
This includes short-term loans for growth, transition, acquisition opportunities, development exits and refinancing exits, and with a sizeable balance sheet, can consider loan sizes ranging from £1m to £50m-plus.
Sean Adams, managing director of HREF, said: “NACFB membership is a badge of quality, with the association bringing together finance brokers, lenders and suppliers to the commercial finance broking industry, all of whom operate to a high standard.
“While part of a long-established global financial services group, HREF UK is fairly new to the UK short-term property lending market and, as a specialist lender acting across a broad range of real estate market sectors, we are keen to build and enhance relationships with quality commercial finance brokers nationwide.
He added: “This is an ideal opportunity to raise awareness of our flexible approach to lending and our ability to think ‘outside the box’.
“Renowned within the sector, the NACFB provides a friendly, supportive community and we are looking forward to taking an active role within it.”
Norman Chambers (pictured), managing director of NACFB, added: “We are always keen to develop strong relationships with patrons, and I have no doubt that HREF’s solutions will be widely welcomed by members looking for real estate finance solutions for their clients.
“Last year, our members facilitated more than £38bn in lending to UK SMEs, with three quarters (73 per cent) of the total transaction value originating from property-related sectors. The fact that HREF’s offering covers the whole of the UK and all sectors will be particularly popular.”
NACFB has welcomed Tab, Somo Bridging and Foundation Home Loans as patron lenders.
Anna is a reporter for Mortgage Solutions and assistant editor for Specialist Lending Solutions, both B2B sister titles of YourMoney.com. She has worked as a journalist for over four years, initially in the specialty insurance sector before moving onto mortgages.
