The partnership will mean Optimum Commercial’s network of intermediaries and brokers can gain access to MFS’ wide range of bridging loans, buy-to-let mortgages, and specialist finance products, allowing them to place and process complex cases which require bespoke, tailored solutions.
With over 100 years of experience in the commercial lending space, Optimum Commercial’s network of brokers provides financial solutions to businesses of all sizes and industries, connecting their clients with lenders who can provide the best financial products for their needs.
London-based specialist lender MFS specialises in handling large loans at pace, offering loans up to £50 million with terms between three and 24 months. The company also works with foreign national applicants, or those who have adverse credit histories – and Optimum Commercial’s broker network will now be able to take advantage of MFS’ open approach to lending.
MFS will ensure each broker experiences exemplary service and unparalleled communication through the use of its nationwide BDM network, which has grown significantly in the past 12 months to include over a dozen members of staff spread across England and Wales.
MFS is currently sitting on more than £1 billion in funding and is on track to achieve its goal of growing its loan book to £1.5 billion by the end of 2023.
Karen Rodrigues, Head of National Accounts at MFS, said: “At MFS, our customer service and ability to take on cases other lenders might shy away from is what sets us apart. Taking an innovative approach to lending, our experienced underwriters can navigate all the challenges that a case – and indeed the current economic landscape – might present. We always go the extra mile to make a deal happen.
“We look forward to working closely with Optimum Commercial, ensuring a wider range of brokers can access our leading specialist finance products. Brokers need optionality in the current climate, and we are ready to support their clients in a challenging market with fast and flexible loans, regardless of how complex a borrower’s needs might be.”
Meg Burgoyne, Business Development Manager at Optimum Commercial: “We are very excited to welcome MFS to our lender panel. MFS bring an innovative and comprehensive range of products to the table that allow us to further diversify our panel and empower our brokers to provide clients with a market leading service. We are very much looking forward to building long-term relationships with the team at MFS!”