Pluto Finance relaunches bridging proposition for £1m to £10m loans
Pluto Finance has relaunched its bridging proposition with a dedicated team focused on £1m to £10m transactions, faster decisions and revised service processes for brokers.
Pluto Finance has relaunched its bridging proposition with a dedicated focus on loans between £1m and £10m.
The enhanced offering follows a review led by Darius Shekarrizi, lending director at Pluto Finance, and includes a dedicated team focused on mid-market bridging transactions.
Pluto said the relaunch is designed to provide faster indicative terms, quicker response times throughout the lending process and a refreshed panel of solicitors and surveyors.
The lender said the changes would create a more streamlined experience for brokers from enquiry through to completion.
Pluto Finance has previously built a reputation for larger and more complex real estate transactions, but said the relaunch was intended to reinforce its appetite for high-quality bridging deals between £1m and £10m.
Pluto Bridging offers loans from £1m to £10m, up to 75% LTV across residential and commercial assets. Rates start from 0.58% per month, with terms of up to 36 months and no early repayment charges.
Facilities are available for acquisitions, bridge-to-sale and bridge-to-refinance strategies, refurbishment projects, regeneration opportunities and portfolio transactions.
The proposition is backed by institutional funding and Pluto Finance’s underwriting team.
Darius Shekarrizi, lending director at Pluto Finance, said: “When I joined Pluto, one of my priorities was to look at how we could build on the business’s outstanding reputation while making it even easier for brokers to work with us.
“Pluto has long been recognised for delivering larger, more complex transactions, but there is a significant opportunity to support brokers on deals between £1 million and £10 million with the same certainty of funding, commercial approach and quality of execution.
“We’ve reviewed every stage of the process, investing in specialist resource, strengthening our professional panel and improving the speed at which we engage with brokers. The result is a proposition that’s quicker, more responsive and built around the expectations of today’s bridging market.
“Our ambition is simple: when brokers are looking for funding from £1 million upwards, we want Pluto to be one of the first lenders they think of.”
Justin Faiz, chief executive and co-founder of Pluto Finance, said: “Darius has brought real momentum to our bridging business. His experience, market insight and relationships have helped shape a proposition that not only enhances the service we provide but also broadens how brokers view Pluto Finance.
“We’ve invested in the right people, processes and professional partnerships to deliver a proposition that matches the pace of the modern bridging market while maintaining the disciplined underwriting and institutional backing that have always set Pluto apart.
“This relaunch reinforces that Pluto is not just a lender for landmark transactions. We’re equally focused on providing exceptional support for the £1m to £10m market, where brokers are looking for speed, certainty and a lender that understands how to get deals done.”
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