Alternative Bridging Corporation has completed a new senior bridging finance facility with institutional lender Quilam Capital, providing up to £150m to support its specialist...

Interest rates reduce by 1.5% per annum automatically after practical completion under the new structure.

The new residential development finance product offers interest rates starting from 10.25% (Bank of England Base Rate of 3.75% plus 6.5%).

The loan was completed in 19 working days