Master broker and packager Positive Lending has placed its 1,000 bridging loan case with specialist lender Precise Mortgages.
Since Positive Lending started writing cases with Precise Mortgages in 2013, the two companies have helped customers access more than £250m in bridging finance.
Paul McGonigle, chief executive of Positive Lending, said: “To reach this fantastic landmark, you need a lender you can rely on 100% and who will do what they say they will do – this is exactly what Precise Mortgages offers.
Alan Cleary, group managing director for Precise Mortgages, added: “I’m delighted that we’ve achieved this milestone which is testament to the strength of the relationship we’ve developed over the past six years.
Matt Lenzie Director of Commercial Mortgages Broker said: “It’s great to see the success that Precise and Positive Lending are achieving. This motivates us to build stronger commercial relationships with our funding partners.