SDKA have had their busiest week to date, both in terms of value, and quantity of completed loans.
They also completed on their largest ever loan, at £1.4m. This is above their published maximum loan value, demonstrating the flexibility that the lender has for the right deal.
10 loans completed last week, with a total value of £3.87m, the lender confirms that this bumper week has ensured that they have met their target set out at the start of the year to double the loan book in 2021.
The lender, who has recently expanded its underwriting team, as well as securing a further funding line has gone from strength to strength in 2021.
Kunal Mehta, Managing Director at SDKA, said “This past week has been exceptional, we have exceeded all of our 2021 targets, and are very excited by SDKA’s current growth rate. It is testament to both our team and our brokers who have worked extremely hard to do this. 50% of those facilities that drew down last week were repeat clients, who know we deliver. Our pipeline continues to thrive, with £5.12m being valued last week alone.”
Kunal added “Over the past few years we have put the hard work in to ensuring that we have the correct systems and procedures to allow for maximum efficiency. I am excited at what SDKA can achieve in 2022.”