Specialist commercial finance broker Positive Commercial Finance has reported its best ever set of half year results with June being its best ever month.
Turnover is up by over 300% compared to the first half of 2017, and turnover to date this year has already eclipsed the figure for the whole of 2017, with profitability also at a record high.
Development Finance facilities again contributed to the majority of fee income. In June alone, over £75m worth of development loans were completed.
John Waddicker (pictured), director at Positive Commercial Finance, said: “We are delighted to be in such a great position to help bring some prominent property development schemes to fruition, and in being able to assist a truly diverse selection of SME developers to fund their projects.
“There has never been a better time for developers to take advantage of the abundance of funding options out there, as appetite from our panel of lenders is unprecedented.”
