Paradigm Mortgage Services has added Bond Finance Ltd to its commercial broker panel.
Bond Finance aims to source comprehensive solutions for clients in a number of areas including: commercial mortgages, medical practice funding, business finance, investment properties, development finance, factoring and trade finance, leasing and asset finance, vehicle finance and funding using the Enterprise Finance Guarantee scheme.
It can offer ‘speedy’ indicative terms loans in excess of 100% for medical practices terms up to 30 years and interest-only periods of up to five years. There is no cross-selling.
As an exclusive introductory offer to Paradigm members, Bond Finance will pay 40% of its fee to the introducing adviser on completion of the deal. This offer is valid until 31st March 2010 thereafter members of the mortgage partnership proposition will receive 25% of Bond Finance’s minimum 1% fee charged to the client.
Nicholas Kounis, director of Bond Finance Ltd, said: “The last 18 months have been very challenging for even the most resourceful of mortgage brokers. Many brokers have been forced to diversify into other areas of lending such as commercial and corporate finance secondary lending such as asset finance and lease finance