Member News: Mint Bridging Confirms New Offices for the Full Sales Team
Aug 12th, 2017 - Last updated at Aug 12th, 2017
“Mint runs a tight knit team and our internal communication is extremely strong. But we knew we needed to expand our office capacity to accommodate this new wave of broker enquiries"
Handcrafted bridging lender confirms highest revenue month based on office expansion
Mint Bridging, offering 100% handcrafted bridging loans, has confirmed the entire sales and business development team’s relocation to MediaCityUK, Salford. The six strong team, headed by Sinead Moynihan (Head of Sales) includes Jordon Catto, Steven Bowes, Connor Hornby, Max Herman and Kate Busuttil.
The reason behind this decision was based on the company experiencing new broker enquiries in Bristol, Bath, London and the North West. With faster direct rail and motorway access for the BDM’s from the new location, they’ve set up more face-to-face meetings with brokers and borrowers. This has already resulted in generating the highest number of completions this month alone, since the company was founded in 2011. The results are from the BDM’s doing business with interested brokers, that they previously didn’t have the resources to accommodate. And from this, the enquiry to conversion ratio has jumped by 40 percent.
As Sinead explains “Mint runs a tight knit team and our internal communication is extremely strong. But we knew we needed to expand our office capacity to accommodate this new wave of broker enquiries. Even though having two offices for a small business is rare, it was decided that the sales team move to Salford in order to grow the company. This investment has already paid off.” She added “Between our new sales office and the headquarters in Altrincham, we have streamlined our internal correspondence to operate like clockwork. Everyone in the company is extremely happy with how this new set up has instantly resulted in such a rapid number of completions from new brokers.”
Mint Bridging offers uniquely structured short-term bridging loans, up to £5 million, to be used towards property purchases, refinance or development projects. As the business is privately funded, lending decisions are not dictated by third party financiers, resulting in their niche brand strategy generating faster loan conversions, justifying the new office announcement.
For brokers looking for a fast, flexible and original approach to borrowing, Mint Bridging is a genuine alternative to the more traditional, mainstream bridging lenders. Their entrepreneurial approach to handcrafted lending has contributed to the company’s success.