MFS expands lending team by 30%

Market Financial Solutions (MFS) has expanded its lending team by 30% in response to growing demand for its bridging services.

The specialist lender has reported an increase in the number of individual borrowers, businesses and brokers enquiring about its bridging loans, which are tailored to specific individual needs.

The news comes as the Association of Short Term Lenders (ASTL) reported that 78% of its members expected their business turnover to grow in the next 12 months , with 63% expecting the same for the bridging sector as a whole.

In early March, MFS also revealed it had expanded into south-east Asia after establishing a subsidiary office in Singapore.

“2018 has been an exciting year for the business,” said Paresh Raja, CEO at MFS (pictured above).

“As demand grows for alternative finance, bridging loans are becoming increasingly popular among a wide range of individuals and businesses – so we are delighted to announce the expansion of our lending team, which will ensure we can deal with all cases with the quality, speed and diligence that we have built our reputation on.”

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