Cheval to give lessons in bridging

Cheval Bridging Finance has moved to purpose-built offices that contain rooms designed to teach brokers about bridging finance.

Cheval has relocated from Stanmore in north London to Watford, to premises which are more than three times the size of its previous offices.

The offices feature an education suite which will be used to hold monthly workshops designed to explain how bridging finance can be used to meet customers’ short-term finance requirements.

Mark Posniak, director of sales and marketing at Cheval, says: “Increasing broker interest is expanding our business and we needed more office accommodation. Bridging is an important part of the lending chain and brokers now see it as a vital short-term tool in their financial toolkit.

“The education suite is intended to increase brokers’ knowledge of what is still an unfamiliar sector for some of them.”