MT FINANCE

MT FINANCE

Category
Company Size
UK

Multi-award winning MT Finance, based in London’s West End, opened its doors for business in 2008. As non-status lenders, MT Finance is particularly experienced at working with entrepreneurs by focusing on a prospective client’s future plans and not their past history. Having previously worked for a large European real estate investment fund based in Paris, Joshua Elash, joint managing director, saw the markets turn upside down with a lack of liquidity preventing institutions from lending. With a prior background in finance and real estate in London, he saw the market opportunity for an alternative way of raising money and founded MT Finance in 2008. MT Finance listens to a client’s requirements and makes its decisions based on the individual merits of the bridging loan requirement. A good example is a television producer who wanted to raise funds in excess of a quarter of a million to put a new show into production. The client had failed to raise the capital borrowing against a buy-to-let property that he owned — valued at £2.75 million — but had a first charge mortgage of £1.3 million. MT Finance secured a second-charge, twelve-month loan within ten days and the television series went into production. Speed is critically important in bridging finance and MT Finance also has a panel of legal advisers vetted to ensure that delay in completing a transaction is not a factor.

MT Finance
Tagged on: