Lender hits CEO’s £100m target
Published on Wednesday, 26 June 2019
Solihull-headquartered Signature Private Finance has reached the £100m lending target which was set by its chief executive when he took over in September 2016.
Tony Gilbertson said the achievement was "very satisfying" but added that it was "just a milestone on a much longer journey that reflects the strength of our offering".
He said: "Hitting a lending target before the deadline I set almost three years ago is very satisfying.
"But we recognise this is just a milestone on a much longer journey that reflects the strength of our offering.
"We have listened to our clients and shaped the Signature service accordingly; we’ve cut the time significantly from indicative terms to drawdown, often stepping in at the last minute with loans in days to rescue deals at risk from high-street lenders changing their minds or indeed their terms.
"A hands-on proactive service from a team all with direct experience of developing property ensures we understand what brokers and their clients are trying to achieve. There is so much more to every deal than just a list of figures on a balance sheet.
"I believe our success can be attributed in part to our willingness to make a site visit and discuss the developer’s vision for a property while walking around.
"Sometimes it’s the only way to get a real understanding of a development and demonstrates just how hard we will work to get deals done."