Approved Finance Group has announced the launch of a new property division.

Approved Property Finance has been designed to support businesses looking to expand existing premises or launch new sites.

The division will complement the group’s other offerings including asset finance, motor finance and R&D tax credits.

Approved Property Finance is dedicated to funding support for business through products including bridging loans, commercial mortgages and development finance.

The new division will be headed up by experienced property finance broker Laurie Baugh.

He says: “We saw that many of our clients needed property finance products as they looked to establish their businesses further.

“Many of the businesses we work with are at a pivotal stage in their growth where they may be looking to establish a base of operations, expand their current premises or grow the business into new areas.”

Approved Group managing director Rory Dunn adds: “Approved Property Finance is an exciting development for the Approved Finance Group.

“We have been facilitating property finance for our clients for over four years, but this dedicated division with its team of property finance specialists demonstrates our commitment to providing best-in-class solutions to our clients.

“With the rapidly changing lending landscape, it has never been more important for borrowers to utilise the services of an experienced team when reviewing their funding options.”