Black Book Finance has completed £1 million worth of business with Castle Trust in the three months since its launch.
The loans completed with Castle Trust included a £500,000 second charge mortgage for business purposes, and the urgent refinancing of a £500,000 second charge bridge, which completed in 28 working days even though the applicant was abroad.
Launched in November 2016, Black Book Finance is a concierge-style financial solutions service, covering a wide a range of lending products, from residential to commercial and business finance. Black Book’s advised or non-advised services are designed to bring Intermediaries immediate product diversification with confidence.
Michael Clapper, executive chairman at Black Book Finance, said: “I’m delighted that Black Book has hit the ground running, and already completed £1 million of business with Castle Trust alone so soon after our launch.
“These cases weren’t straight forward, and they were time sensitive, so it was a real achievement to get them completed so quickly. We are looking forward to working closely with Castle Trust in delivering many more completions for clients with complex circumstances.”
“It’s incredible to think that Black Book Finance was only launched in November and it is testament to Michael and his team that we have already formed such a successful working relationship,” added Alex Upton, director of sales at Castle Trust.
“With the right lender and the right distributor, awkward cases can be straight forward, and we look forward to working with Black Book Finance long into the future.”