Octane Capital

Pure Funding Solutions adds Octane Capital to panel

New bridging lender Octane Capital has joined Pure Funding Solutions' panel of lenders.

Pure Funding Solutions directors Daniel Churchill and Craig Hardiman-Scott were instantly drawn to the company’s productless lending model following its launch earlier in May.

“We’ve been arranging loans through the Octane Capital management team for many years, and the way they operate – treating brokers as partners rather than simply sources of business – has always appealed,” said Daniel.

“Bridging has become highly commoditised and transactional in recent years and what Octane Capital are doing is taking it back to its roots, and reinstating the relationships that were once at the heart of the sector.”

Earlier this month, Octane completed its first-ever bridging loan to assist a foreign national looking to purchase a flat in south-west London.

The lender also delivered a £5.4m bridge to an offshore borrower in just seven working days.

"Over the years, we’ve done no end of deals with Danny and Pure Funding Solutions and, as Octane, we intend to do many, many more,” added Mark Posniak, managing director of Octane Capital (pictured above, centre left).

“For me, the deals we’ve worked on together have always been textbook bridging, where brokers and lenders work closely together to get the decision the clients want.

“It’s fantastic to be added to their panel and we hope to be able to offer them something altogether different.”

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