# Ashley Finance reports year of bridging success Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2018-02-14 Category: FINANCE Category URL: https://financedigest.com/category/finance Meta Title: Ashley Finance bridging team drives 95% business growth Meta Description: Experience rapid business growth with Ashley Finance's bridging product, boasting a 95% increase in new customers and a £2.2m milestone loan. Find out URL: https://financedigest.com/ashley-finance-reports-year-of-bridging-successhtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/fd140218-7-1736842988370-compressed.jpg) _Strength of bridging team sees new business grow by 95%in year-on-year comparison_ ![Liam Cavanagh](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/liam-450x450-1736842988411-compressed.jpg) Liam Cavanagh SME finance specialist, Ashley Finance has announced significant new business growth for its bridging product, with a 95% increase in new customers compared to 2016, including a milestone loan of £2.2m – its largest to date – following its launch in Scotland and an increased investment in its bridging team. New hires, which saw the company’s bridging team double in size, include [industry expert](https://www.financedigest.com/fiat-republic-the-specialist-baas-platform-that-bridges-web3-and-banks-announces-the-appointment-of-two-industry-experts-as-non-executive-directors-to-the-board-of-its-dutch-subsidiary.html "Fiat Republic, the specialist BaaS platform that bridges web3 and banks, announces the appointment of two industry experts as Non-Executive Directors to the board of its Dutch subsidiary."), Dawn Trustam and Kayley Stelfox. In her role as Regional Sales Director, Dawn provides a much-needed presence for brokers and SMEs in the South of England. Following a successful pilot, the lender [launched its new bridging product into the Scottish market](https://www.financedigest.com/new-product-launches-to-put-the-cod-liver-oil-market-in-a-good-stead.html "New Product Launches To Put The Cod Liver Oil Market In A Good Stead"), with plans for it to be further developed in 2018. Ashley [Finance’s bridging](https://www.financedigest.com/bridging-finance-for-property-development.html "Bridging Finance for Property Development") team cited its improved speed and flexibility as key factors in its recent success. The [company has paid out deals in as little as four days – from the initial enquiry to the releasing of funds](https://www.financedigest.com/debt-strategies-for-funding-early-stage-companies.html "Debt Strategies for Funding Early Stage Companies") – and takes pride in being significantly quicker than the industry average completion time of 50 days. Liam Cavanagh, [Operations Director](https://www.financedigest.com/white-bullet-appoints-stuart-dickinson-as-director-of-advertising-operations-and-client-success.html "White Bullet appoints Stuart Dickinson as Director of Advertising Operations and Client Success") at Ashley Finance said: “We’ve had a stellar year. The [whole team](https://www.financedigest.com/are-your-it-team-telling-you-the-whole-truth.html "Are your IT team telling you the whole truth?") are delighted with these results. [Bridging was a key growth](https://www.financedigest.com/steel-bridge-cable-sockets-industry-outlook-growth-prospects-and-key-opportunities.html "Steel Bridge Cable Sockets Industry Outlook, Growth Prospects and Key Opportunities") area for the company this year and is anticipated to continue as we progress further into 2018. “While the huge increase new business is definitely the result of the hard work and dedication of our bridging team, it also highlights the [need for an open-minded lender like ourselves in the market](https://www.financedigest.com/why-you-need-to-embrace-nostalgia-marketing-right-now.html "Why You Need to Embrace Nostalgia Marketing Right Now"). In the last year this need has [become widely](https://www.financedigest.com/euronext-italian-arm-to-become-group-wide-clearer-from-end-2023.html "Euronext Italian arm to become group-wide clearer from end 2023") recognised with more brokers coming on board than ever before, which is extremely encouraging. “Ashley [Finance is dedicated delivering fast and flexible funding to all small businesses](https://www.financedigest.com/government-assisted-financing-schemes-for-small-businesses.html "Government Assisted Financing Schemes For Small Businesses") that need it and without judgement. Following this fantastic year, we have high hopes that [growth will continue](https://www.financedigest.com/adverty-partners-with-livewire-to-continue-growth-of-in-game-advertising-across-asia-pacific.html "Adverty partners with Livewire to continue growth of in-game advertising across Asia Pacific") into 2018 and beyond.” Ashley Finance offers a range of products to [meet customer](https://www.financedigest.com/meeting-customers-where-they-are-through-financial-inclusion-and-hyper-personalization.html "Meeting Customers “Where They Are” Through Financial Inclusion and Hyper-Personalization") cash needs, including bridging loans up to £2million against loan-to-value up to 75%, with rates starting at a competitive 0.95%. The [firm also specialises in invoice finance](https://www.financedigest.com/prioritising-employee-wellbeing-in-finance-firms-through-learning-and-development.html "Prioritising employee wellbeing in finance firms through learning and development"), and business loans which are flexible and open to those SME’s who have struggled getting funding support from other lenders. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---