Mint Bridging has revealed that it completed 21 loans in one day, alongside a record month of 35 loans during the month of March.
The Altrincham based, privately funded short-term bridging and re-bridging lender generated an 820% increase in its loan book compared to 2015’s first quarter.
Mint Bridging recently increased its maximum loan size to £5m; the largest loan during March was confirmed at £3.5m.
Andrew Lazare, managing director of Mint Bridging, said: “We have an exceptional, hands on team all our hard work to aggressively grow has paid off.
“With only a handful of employees this time last year to a now 18 strong team, and additional recruits underway, I’m incredibly proud what we’ve achieved.
“Some of the completions were partly due to the new stamp duty changes coming into effect on the 1st April and we have to work under some real pressure to get them completed on time whilst still allowing for our lending criteria to be met on all the loans.”
