Aspen Bridging has surged past £750m in total lending following a record July, and is targetting £1bn within the year.
The lender achieved this latest milestone having completed £30m of new loans last month across 33 deals.
Comprising cases across 22 counties across England and Wales, submitted by 28 broker firms, the deals ranged from £4.6m to £175,000, with the lenders No Valuation product proving most popular.
Jack Coombs (pictured), managing director of Aspen Bridging, said: “The business is developing at an exponential rate, we are growing by at 25% year-on-year and have a strategy in place to ensure we continue to beat this mark, this is why I can confidently state we will hit £1bn in the next year.”
