Seneca cuts rates across commercial range

Seneca Bridging has announced significant changes to its lending criteria, rates and fees.

Related topics:  Commercial,  Commercial finance
Amy Loddington
8th August 2017
cutting reduce slash paper scissors

Rates now start from just 1% across all residential and commercial products, including smaller sub £1m developments.

The new rates are available with immediate effect.

Mark Harrison, Head of Business Development, said:

“We are always striving to offer brokers a range of competitive options across our short term lending range and these changes come about after discussions with our key broker partners.

"By making these changes, we are confident that brokers will see us as their go-to choice lender for development finance, particularly smaller deals which the larger lenders tend to ignore.”

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