Together lends £242 million in August

It provides £121 million bridging finance to customers

Together lends £242 million in August

Specialist finance provider Together announced that the total amount of loans it provided nearly reached a quarter of a billion pounds in August, supporting more than a thousand customers.

Together also reported that its month-end total for bridging finance across the group – for regulated and unregulated loans – stood at £121 million, half of its £242 million total lending.

“We’re delighted to have delivered excellent results, exceeding our financial targets last month, supporting 1,053 loans to our customers, allowing them to achieve their financial ambitions,” commented Marc Goldberg (pictured), chief executive of sales and distribution at Together.

“To have lent £121 million in bridging across our group business in the month was a real milestone, but the fact that this only represented half of our total lending as a business across all our products in August, is something we are really pleased to announce.

“This is testament to our diverse range of products including buy-to-let and commercial mortgages and the continued support we provide through excellent customer service to the UK lending market.”

Goldberg stressed that while the amount the business lent during the month was impressive – particularly during what is traditionally a quiet month and amid challenging economic conditions – exceptional service delivery to customers and partners remained the finance group’s number one focus.

“The impact we are having on our colleagues, customers, and business partners is something that we continue to be incredibly proud of as a business,” he said.

Last week, Together announced it had received its first external accreditation from CCA, an authority on customer contact strategies and operations, after the Cheadle-based lender went through a rigorous three-month assessment of their processes and procedures that impacted customers.

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