Aldermore bank has increased its block bridging facility for SDKA, a specialist lender based in Cheadle, South Manchester.
This expansion will support SDKA’s growth plans and enable them to bolster their bridging lending portfolio, providing better access to funding for SMEs and individual customers across the UK.
Matthew McNeile, business development manager for asset finance at Aldermore, said: “We’ve been on SDKA’s funding panel for the last three years and are delighted to continue to support SDKA and further strengthen our relationship with them as a longstanding client.
“We have extended our block bridging facility for SDKA, and we look forward to continuing to support their ongoing development and growth.
“SDKA’s established performing book, comprehensive end to end system and its ability to make robust lending decisions quickly and decisively, is what initially attracted us to their business. We’re delighted that we can continue to support Kunal and the team.”
Kunal Mehta, managing director of SDKA, added: “We are thrilled to strengthen our partnership with Aldermore Bank, this will have a positive impact on SDKA’s offering and our client’s access to bridging finance solutions.
“This endorsement from Aldermore is a testament to SDKA’s exceptional team, operational efficiency, and ability to make swift and well-informed lending decisions.”
