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Supreme Finance announce new £50M funding
Supreme Finance announce new £50M funding
Supreme Finance UK, the short-term loan lender, has today revealed it has secured £50 million of new funding for use during December 2011 and June 2012.
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) January 22, 2012 --
The specialist bridging lender has also secured a separate funding line with Blue water Corporation which offers an initial facility of £50 million pounds which will grow over the course of the next 12 months to £100M.
The finance initiatives will be used to fund Supreme’s core business proposition of bridging and short-term loans.
Zara Ishaq, CEO at Supreme, commented:
“We end this year and enter 2012 with some significant news in terms of Supreme’s available funding capabilities and an important new relationship with Blue water Corporation.
"The £50 million of new lending comes from our existing finance sources and we are therefore actively looking to fund a variety of new loans over the course of December and Spring 2012.
"Added to this is our new strategic partnership with Blue water Corporation which is providing a separate funding line, enabling us to generate and complete on further business”
"It is an exciting time for Supreme and this news should send out the message to our introducers and brokers that we are extremely active in the marketplace, we have a strong appetite to lend and we are actively looking to help their clients secure the finance they need.
Supreme Finance 58 Swan Street Manchester M4 5JU Tel: 0161 834 5999 www.supreme-finance.com
Supreme Finance
58 Swan Street
Manchester
M4 5JU
Tel: 0161 834 5999
www.supreme-finance.com
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