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Record month for State Securities Commercial Mortgage team
Key points :
Thursday, 14 September 2006: Asset based and commercial mortgage lender, State Securities, is celebrating a record amount of new commercial mortgage business lending. During August 2006, the Southampton based commercial funding specialist recorded the strongest commercial mortgage lending month ever in its 25 year history, financing UK SME businesses to the tune of over £6.67m. In line with its corporate strategy for growth and development, the company has witnessed continued expansion of its lending book. The August 2006 new business record betters the Mortgage team’s previous best of £3.97m written in March 2006. Commercial Mortgage Manager, Martin Thurlby commented, “We’re delighted with this development, it’s terrific news for the business. We have significantly broken the previous record which is a key achievement for us and represents the continued commitment, dedication and hard work of the team and our commercial mortgage intermediary base. We pride ourselves on our personal approach, treating each deal differently and creating tailor made solutions, which are reflecting well in our monthly figures.” Due to their ongoing success, the Commercial Mortgage team are looking to increase their presence and support for intermediaries with two new posts; 1) in the Midlands and North region Senior Account Manager, Eddie Graham is currently recruiting for an experienced Account Manager to be based out of the office in Bromsgrove, 2) further development of the inner M25 area with the recruitment of an additional Account Manager. For more information, contact Martin Thurlby on tel: 01489 775633. -ENDS-
Notes to Editors :
State Securities
State Securities provides commercial mortgage finance or re-finance on industrial, commercial, retail and office premises for owner occupation or investment (buy to rent). Sub-prime, new starts and financially challenging credits are our speciality. Clients include public and private limited companies, partnerships and sole traders. Such finance can be provided in conjunction with asset finance and the Small Firms Loan Guarantee Scheme.
State Securities supports a wide range of clients, including public and private limited companies, partnerships and sole traders, and can also help companies that have difficulty in raising finance in a short period of time, for example new start businesses. Additionally, it specialises in assisting businesses in company or individual voluntary arrangements.
Visit www.statesecurities.co.uk
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