Bridgingloans.com to host series of seminars to educate Broker community on benefits of short-term finance

  • Seminars implemented throughout the country to explain bridging loan process
  • Mortgage brokers key market for bridging finance

Bridgingloans.com, a leading UK provider of Bridging Finance solutions, is to host a series of bridging loan seminars to explain the workings and benefits of short-term finance to brokers throughout the country. Datamonitor, provider of online data, analytic and forecasting platforms, predicts that the short-term finance market will continue to expand by 25 per cent every year reaching £5.6 billion by 2010. With 88 per cent of bridging loans relating to residential property, Bridgingloans.com recognises that many mortgage brokers are currently losing out on a significant revenue stream from placing bridging loans because they possess limited knowledge about this niche financial sector.

The seminars are designed to show brokers how bridging loans are a quick and cost-effective short-term finance solution for many people and organisations.

The seminars will not only cover the financial benefits of bridging loans for short-term finance but will highlight typical applications such as residential or commercial property purchase, rapid cash injection for legal purposes and credit repair.
    
Garry Sukhija, Business Development Manager at Bridgingloans.com, South East & London, said: "Both brokers and customers should be benefiting from bridging loan offerings, however many brokers have limited knowledge on how the short-term finance market works, producing a knock-on effect for customers. The seminars are designed to help brokers understand the uses and benefits of bridging solutions and also boost confidence in placing bridging business in the right situations. Once completed, each broker will receive a Certificate of Professional Development following the seminar.

"The bridging loan sector is set to grow significantly in the coming years and brokers can only benefit from possessing the ability to offer bridging finance. The seminar will therefore use real-life examples of how bridging finance has increased the earnings of brokers due to the significant one per cent commitment fee for placing the deal with Bridgingloans.com. Comprehensive questionnaires distributed during each seminar will enable us to not only gain valuable feedback from attendees, but also ensure we, at Bridgingloans.com, address issues and questions brokers might have."

Contact Rebecca O'Regan, Marketing Manager at Bridgingloans.com, for further information on upcoming seminars.

About Bridgingloans.com:
Bridgingloans.com is dedicated to providing quick and easy access to a broad range of resources to give clear and concise information on short-term bridging finance. Its online application process adds to these resources to make life simple for borrowers looking to secure a property.

Bridgingloans.com is the new public face for Bristol & West Investments Plc, which is an established, independent principal lender providing a competitive and flexible bridging loans service for residential and commercial borrowers. It has a proven track record of providing short term loan solutions to clients for over 25 years and has an experienced team of dedicated case handlers well placed to provide a tailored solution to each and every case.

Additional information is available at www.bridgingloans.com

Duncan Burford
IBA - PR for BWI
Tel: 01780 721 433
Email: dburford@iba-europe.com

Rebecca O'Regan
Bridgingloans.com
Tel:0117 9702703
Email: Rebecca@bridgingloans.com


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