Bridging lender Montello has launched a new website to feature case studies of its recent transactions.
The website is entitled Getting The Deal Done.
Montello, which is also involved with the peer-to-peer mortgage lending platform LendInvest, plans to add to the case study website on a monthly basis, showcasing its most recent bridging finance transactions.
Christian Faes, managing director of Montello, said: “The investors in our Montello Income Fund and the Montello Development Finance Fund, and now on our peer-to-peer lending platform LendInvest, are always interested to hear about how bridging finance works.
“There is often a perception that bridging finance is particularly risky, however when you gain an understanding of the asset class you see that this is not always the case. We think that there is no better way to understand why a borrower uses bridging finance, than to run through a case study of a recent transaction.
“Bridging is an area of finance that generally provides a win-win scenario, and it is important for the investment community to understand this. Whilst bridging finance is usually more expensive than mainstream finance, it is also funding that is provided very quickly.”
He added: “For some borrowers the opportunity of quick funding far outweighs the premium associated with the costs of bridging finance. We were keen to highlight this with the case studies we will be providing on the website.”
