Arc & Co. has closed a £25.67m bridging loan on a Knightsbridge property. Secured against a vacant nine-unit residential block, the 12-month, 70% LTV facility will refinance the existing lender.

REIM Capital has completed a £2m re-bridge for a semi-commercial and a residential investment property, both in South London.

New data from Time Finance reveals that 60% of UK SMEs never look beyond their own bank for commercial finance solutions.

United Trust Bank (UTB) structured property finance has completed a £4m commercial bridge on a multi-let industrial unit in Brentford, West London.

SPF Private Clients is launching a business finance division to assist SME owners to access competitive funding solutions.

Blackfinch Property, part of the Blackfinch Group, has provided an £8.8m bridging loan to support a purpose-built 70-bed care home and seven supported living apartments in Blackburn, Lancashire.

OakNorth has completed a £2.1m property investment facility to commercial property investor and developer, The Harkalm Group.

Black & White Bridging has made four new appointments to its relationship team. The new appointments represent an increase of nearly a quarter of the firm's workforce.