Albatross Lending Group launches eight commercial finance products
The Albatross Commercial Suite includes Consolidate, Stabilise, Expand, Scale, Bespoke, Yield, Mixed-Use and Third Party.
Albatross Lending Group has enhanced its commercial lending proposition with eight new finance products.
The Albatross Commercial Suite includes Consolidate, Stabilise, Expand, Scale, Bespoke, Yield, Mixed-Use and Third Party.
The products cover owner-occupied businesses, commercial investment, mixed-use property and third-party security.
Facilities range from £50,000 to £8m, with terms of up to 36 months available on selected products.
Jordan Fearnley-Brown (pictured, left), co-founder and principal at Albatross Lending Group, said: “This expansion isn’t just about adding products, it’s about giving Albatross the range to say yes to a much wider set of commercial cases, without diluting how we underwrite them.
“As we scale the business, that’s the balance we’re most protective of: more capacity, same judgement on every deal.
“As we grow, we’re focused on protecting what we believe makes Albatross different.”
Fearnley-Brown added: “We’re obsessed with the customer journey and with giving brokers an experience that feels like a breath of fresh air in the lending market; direct access to decision-makers, clear communication and a team that genuinely takes ownership of getting a deal through.
“That combination is what we’re building towards: greater scale and a much broader lending proposition, without losing the customer experience that sits at the heart of Albatross.”
Lewis Casserley (pictured, right), co-founder and principal at Albatross Lending Group, said: “The market’s response gave us the confidence to go further.
“When we launched into commercial lending last year, the intention was never to stand still.
“We wanted to get into the market, work closely with brokers and build the proposition around the cases they were actually trying to place.”
Casserley added: “The take-up we’ve seen has been extremely encouraging and has reinforced our belief in the opportunity for Albatross in this market.
“We’ve listened to the feedback and used it to go much further.
“This isn’t simply a criteria refresh; we’ve built eight clearly defined specialist products, each responding to a distinct commercial funding requirement we’re seeing through our broker network.”
He said: “We’ve broadened our appetite and created more ways for brokers to place commercial business with Albatross, while keeping the commercial approach to underwriting that has driven the proposition from the outset.”
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