Record March for short-term lender

Record March for short-term lender

Oblix Capital has reported record lending volumes in March.

The London based short term lender completed £19m of bridging and development loans, the highest ever since the company’s inception in 2014.

The news follows a number of new senior appointments to the growing company.

Rishi Passi, CEO and founder of Oblix Capital, said: “The whole team here at Oblix is extremely proud of this result and it follows the work we have done throughout 2017 to listen to our clients and shape our proposition to their requirements.

“This fantastic start to the year aligns us perfectly for our plans for expansion and hitting new targets in 2018.”

Andy Reid, the newly appointed sales director at Oblix Capital, added: “I have been really impressed by the way Oblix strives to ensure its products and services are ahead of the game. In an ever increasing market, this approach is exactly what is needed to ensure continued growth.

“This performance now leaves us extremely well-placed to continue growing our loan book in 2018.”