FRAUD ALERT:
It has been brought to our attention that a scam loans company called Loan4Help has been committing fraud by claiming to offer or advance “loans” to borrowers whilst pretending to be a trading company of Finance and Credit Corporation Limited. It is not. Loan4Help has absolutely no connection to Finance and Credit Corporation Limited.

It has also come to our attention that a third party has been contacting borrowers on a fraudulent basis by purporting to be Finance and Credit Corporation Limited and claiming to offer or advance “loans” to borrowers. This third party has been contacting borrowers on an unsolicited basis via the following email address: financeandcreditcorporationlim@gmail.com . Please note that our company Finance and Credit Corporation Limited is in no way connected with the third party and does not use or operate that email address.

These operations have been cold calling and emailing members of the public, fraudulently pretending to be or to be connected with Finance and Credit Corporation Limited, asking for upfront fees from borrowers and advancing monies in relation to purported “loans”. They have also sent documents to borrowers which fraudulently claim to contain the signature of the Managing Director of our company.

These operations have also been using the following telephone numbers to contact consumers: 0203 129 2514 and 0238 106 0723. They may also have been operating from other telephone numbers and email addresses.

Please note that Finance and Credit Corporation Limited does not cold call, send unsolicited signed “loan agreements” or ask for upfront fees. We strongly suggest that you call our Managing Director Elio Astone on 020 7722 7547 in advance of proceeding with any “loan” or if you have any further questions.

If you are contacted by Loan4Help, or any of the companies which appear to be involved in these frauds, you should also report them to Action Fraud on 0300 123 2040.


Bridging LoansClear & Simple

Fincorp is one of the UK's most established and respected bridging loan companies. For more than 25 years the company has been providing 1st and 2nd charge bridging finance on residential properties in London and Southern England. Our bridging loans vary typically between £100,000 and £10 million, and we lend up to 70% value of the property secured on the property. And because you deal only with decision-makers, your bridging loan requirements are always dealt with quickly and with the minimum of fuss.

Why Fincorp for Bridging Loans?

We're a Principal Lender. Customers are able to get a decision quickly on their bridging loan without having to wait for authorisation from anyone else. And there's no back-tracking at a later date. So that means when we say yes to a loan, we mean it.

Our approach to business is summed up in two words, Clear and Simple. We believe that bridging lending is a straightforward business, all too often complicated by lenders with their lack of transparency and reliance on the small print. We work hard to make your dealings with us as clear and simple as possible.

Our Criteria

  • Principal Lender
  • 1st and 2nd Charges
  • London and South East
  • Residential properties
  • Bridging Loans from £100,000 - £10 million
  • Up to 70% LTV

Enquiry/Application for Individual Applicants

 

10 Top Tips for finding the right bridging lender

Latest News


Bridging industry must unite


Bridging lender Fincorp is urging the short-term finance industry to unite and move towards an era of professionalism and co-operation. The lender says strides have been taken in the past 12 months to bring the industry together to work towards improving professional standards and behaviour in the sector. Spearheading this move has been the Association of Short Term Lenders (ASTL) which has been headed up by chief executive Benson Hersch since July last year.

But Fincorp believes there is still a lack of will to recognise the excellent job done by Benson and the trade body, with some notable short-term lenders still reluctant to join and work as a united front to better the industry.



Nigel Alexander, director at Fincorp, said: “Fincorp has been in bridging for 25 years and it’s gone through many twists and turns as a sector in that time.

“But recent years have seen competition between lenders become much fiercer and it’s brought out some less attractive aspects of the sector. As a result I think it’s fair to say bridging has been criticised for failing to behave as professionally as it should. But as an industry I think the ASTL and Benson in particular should be congratulated for the steps he’s taken to get everybody on the same page. There are still some kinks that need to be worked through so that lenders are giving consistently good standards of service and offerings but it’s much more likely to happen if we all talk to each other and allow the ASTL to do its job in helping us achieve that.”

Fincorp goes on to suggest that the sector is running the risk of not using the clout it could have collectively to encourage intermediaries and the wider property finance market to use bridging more.

“Part of the beauty of bridging is that it’s a diverse sector with a lot of strong and charismatic personalities,” said Alexander. “But there’s a danger, I believe, that we are allowing too many splintered voices to influence how people outside the short-term market view us and that weakens us. We all want the same thing – a healthy, growing sector with lots of strong and professional players in it so that the customer is served well. We are more likely to achieve that if we show the world a more united front.”

Benson Hersch, chief executive of the ASTL, said: “There are many pre-conceptions in the wider community about the role of bridging; and the way that bridging firms conduct their business – not all these pre-conceptions are positive ones.  It makes sense that we all work in a more integrated way with the wider market; and abide by the ethical principles set out in the ASTL’s Value Charter and Code of Conduct.   This gives confidence to introducers that, when they deal with an ASTL member, cases will be dealt with in a correct and ethical way.   The ASTL will present a conference in October to discuss Bridging present and future and explore how we can all work together better for the good of the industry and its customers.”