Magnet Capital – the property development finance lender that is backed by the Richardson family business – emerged victorious from the recent Business Moneyfacts Awards, with the team picking up the award for ‘Best Service from a Development Finance Provider’.
The Business Moneyfacts Awards are the largest business finance awards in the UK.
Rigorous product and service monitoring covering over 40 categories is carried out throughout the preceding year, with the broker and business communities also then being consulted, before the winners are selected and announced at an industry leading ceremony.
Magnet Capital provides finance to experienced builders and developers, primarily for new build residential schemes.
Loans generally range from between £200,000 to £2,500,000, with decisions being made immediately over the phone and borrowers invited to meet the Magnet team as quickly as the same week.
Funds can then be available to the developer within several weeks of an offer being signed, subject to legal approval.
Magnet Capital prides itself on establishing long-term relationships and helping clients’ businesses grow to reach their full potential.
Top quality service underscores the team’s approach, with all clients and partners being treated as human beings rather than as a number, and so to win the ‘Best Service’ award was especially gratifying.
Commenting on the win, a spokesperson for Magnet Capital said:
"We are absolutely delighted to have won 'Best Service from a Development Finance Provider' at the recent Business Moneyfacts Awards.
What better testament to the lengths that we go to for our brokers and developer clients to ensure that their projects and new homes are successful."
For more information on Magnet Capital please visit: www.magnetcapital.co.uk