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Lendy to showcase new commercial product at Lendy Cowes Week

02/08/2018 • news

Lendy has announced that it will be discussing its new flexible commercial first and second charge product at Lendy Cowes Week.

The P2P platform has already stated that it will be launching two new wealth products at the regatta.

Lendy currently provides property finance solutions for light, medium and heavy refurbishment alongside its standard bridging offering and has now lent over £405m to date.

“The commercial first and second charge market is a prime and profitable market, and an area with a lot of new business opportunities,” said Terry Pritchard, head of origination at Lendy (pictured above).

“We’ll be offering rates from 0.8% pcm, with a maximum term of 24 months.

“We’ll be discussing this and our new borrower offer at Cowes from 4-11th August.”