E-Loan Launches Commercial Finance Arm

Fri, 12 Oct 2007

E-Loan.co.uk has launched its new commercial proposition - Activate Commercial Finance – within the commercial mortgage market.

The new arm of the online loans company is aiming to gain significant presence and market share in the intermediary commercial mortgage market by providing competitive commercial mortgage facilities to the whole of market, including market expertise, impartial advice and recommendation through a fast and efficient service .

The new company has already established packaging arrangements with a panel of commercial mortgage providers in both the conforming and non-conforming sectors.

Activate Finance will also be part of the Vantage Group of companies benefiting from services in the fields of marketing, IT, dedicated business analysts, compliance, and training and development, along with all the other members of the group.

Paul Kaye, director of Activate, commented: "We are delighted to announce the launch of Activate Commercial Finance - a proposition that will allow intermediaries to easily tap into the commercial mortgage market."

"This is currently the fastest growing sector in financial services and currently worth £600 billion per year."

"Our management team has over 25 years collective experience in arranging commercial mortgages and has built strong relationships with a wide range of lenders in the commercial market, meaning we can offer the right solution in the vast majority cases."

He added that the company "will source the most appropriate funding solution as dictated by the borrower’s set of circumstances".
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