The regulated bridging lender offers short-term loans for a variety of reasons – from traditional purposes to chain breaking issues through to auction and property refurbishment cases.
MCI Club said Greenfield’s addition to its panel came in response to the increasing demand from its members for access to the growing bridging market.
It said the specialist lender would be a ‘valued’ addition because of its speed of service and ability to get a reliable lending decision after speaking to their underwriting team.
Meanwhile Greenfield said its link with Knowledge Bank would also help it to actively expand the avenues through which intermediaries could access its products.
Averil Wagoner, relationship manager at Greenfield Mortgages, said: “We aim to give them the freedom to access our products through various channels.
“We see the Knowledge Bank as an expanding sourcing tool and are confident that our new partnership with Knowledge Bank will help widen our outreach.”
For Knowledge Bank the addition of Greenfield Mortgages means brokers can access both regulated and unregulated bridging loans for a variety of purposes.
Nicola Firth, founder and CEO at the Knowledge Bank said: “[Greenfield Mortgages’] unique and flexible criteria coupled with extremely fast turnaround times will be very well received by intermediaries.
“We know from our Criteria Activity Tracker that regulated bridging frequently appears in the top five searches so demand is high for this type of borrowing.
“By featuring their criteria in its entirety exclusively on Knowledge Bank, it’s a fantastic way to showcase their offering to thousands of brokers who will now have even more options and to quickly and efficiently find the right solution for their clients.”