Redwood is also bringing more choice to its commercial mortgage range.

The Society is introducing a new maximum LTV, loan size and loan term.

Together has today announced a number of increases to its maximum loan sizes across a number of its commercial products.

The higher threshold means a greater number of SME loan applications will benefit from faster lending decisions.

Darren will develop the commercial division, expand its product range, and build strong relationships with brokers.

Total membership is now approaching 100 organisations.

The new product provides intermediaries with a dedicated solution for clients looking to invest in properties with a mix of commercial and residential uses.

Only 28% of those surveyed had used a broker to access business finance.

Over two thirds (67%) of finance brokers recommend alternative lenders to their small business clients.

Terry will be responsible for developing and growing the business’ invoice finance position and brand across London and the South East.