E-loan.co.uk activates commercial arm

Activate is being launched within the commercial mortgage market offering intermediaries expertise in providing commercial mortgage facilities across the entire lending spectrum.

Activate is aiming to gain significant presence and market share in the intermediary commercial mortgage market by providing competitive commercial mortgage facilities to the whole of market, offering market expertise, impartial advice and recommendation through a fast and efficient service.

The new company has already established packaging arrangements with a panel of commercial mortgage providers in both the conforming and non-conforming sectors.

Activate will also be part of the Vantage Group of companies benefiting from services in the fields of marketing, IT, dedicated business analysts, compliance, and training and development, along with all the other members of the group.

Paul Kaye, director of Activate, said: “We are delighted to announce the launch of Activate Commercial Finance, a proposition that will allow intermediaries to easily tap into the commercial mortgage market. This is currently the fastest growing sector in financial services and currently worth £600 billion per year.

"Our management team has over 25 years collective experience in arranging commercial mortgages. We aim to dispel popular misconceptions surrounding commercial finance by showing our intermediaries exactly how lucrative this market can be. Activate has built strong relationships with a wide range of lenders in the commercial market, meaning we can offer the right solution in the vast majority cases.

“The Activate team are fully trained on all aspects of commercial mortgage lending and the commercial mortgage market as a whole. They have a full understanding of the demands of running a business, the financial implications of borrowing and company accounts. Armed with this knowledge they will source the most appropriate funding solution as dictated by the borrower’s set of circumstances.

“Activate is all about opening up the potential of the commercial mortgage market to intermediaries and their clients. Intermediaries can be sure that Activate is there to find the most suitable commercial lending arrangement for their clients.”