Black Book Finance completes £1m with Castle Trust

The loans completed with Castle Trust included a second charge mortgage of £500,000 for business purposes and the urgent refinancing of a £500,000 second charge bridge which was completed within 28 working days.

Black Book Finance completes £1m with Castle Trust

Black Book Finance has completed £1m worth of business with Castle Trust three months after its launch.

The loans completed with Castle Trust included a second charge mortgage of £500,000 for business purposes and the urgent refinancing of a £500,000 second charge bridge which was completed within 28 working days.

Michael Clapper, executive chairman at Black Book Finance, said: “I’m delighted that Black Book has hit the ground running, and has already completed £1 million of business with Castle Trust alone so soon after our launch.

“These cases weren’t straight forward, and they were time sensitive, so it was a real achievement to get them completed so quickly.

“We are looking forward to working closely with Castle Trust in delivering many more completions for clients with complex circumstances.”

Alex Upton, director of sales at Castle Trust, said: “It’s incredible to think that Black Book Finance was only launched in November and it is testament to Michael and his team that we have already formed such a successful working relationship.

“We look forward to working with Black Book Finance long into the future.”