Spring Finance announces acquisition of Masthaven Finance
Spring Finance has today announced that its chief executive and owner, Andrew Bloom, has completed his acquisition of Masthaven Finance and from today, the combined entity will trade as Masthaven Finance. Andrew was the founder, majority shareholder and chief executive of Masthaven Group and Masthaven Bank from 2005 to 2020, when he sold his controlling […]
Bloom completes Masthaven acquisition and combines with Spring Finance
Spring Finance’s chief executive Andrew Bloom has completed the acquisition of Masthaven, combining the two firms.The combined entity will operate as Masthaven Finance, with several former Masthaven staff joining the firm now and in the coming months. This includes senior management as well as loan underwriting and servicing. The lender will continue to specialise in […]
Spring Finance completes Masthaven acquisition
Non-bank specialist lender Spring Finance has finalised its acquisition of Masthaven Finance, with the combined entity set to operate under the Masthaven Finance brand. The deal was led by Spring Finance’s chief executive and owner, Andrew Bloom (pictured), marking a return to the business he originally founded. Bloom, who established Masthaven Group and Masthaven Bank […]
Masthaven returns to market via Spring Finance acquisition
Spring Finance has announced that its chief executive and owner, Andrew Bloom, has acquired Masthaven Finance and, from today, the combined entity will trade as Masthaven Finance. Andrew was the founder, majority shareholder and chief executive of Masthaven Group and Masthaven Bank from 2005 to 2020, when he sold his controlling stake and stepped down […]
Spring Finance acquires Masthaven Finance
Spring Finance chief executive and owner Andrew Bloom has completed the acquisition of Masthaven Finance, for an undisclosed fee. Spring Finance and Masthaven Finance will combine and trade under the name of Masthaven Finance. Bloom was the founder, majority shareholder and chief executive of Masthaven Group and Masthaven Bank from 2005 to 2020, when he […]
Andrew Bloom buys back Masthaven
Andrew Bloom (pictured above), CEO and owner of Spring Finance, has acquired his former company Masthaven Finance. Spring and Masthaven have combined and will trade as Masthaven Finance with immediate effect. Andrew was the founder, majority shareholder, and CEO of Masthaven Group and Masthaven Bank from 2005 to 2020, before selling his controlling stake and […]
Spring Finance acquires Masthaven
Andrew Bloom (pictured), CEO and owner of Spring Finance, has completed his acquisition of Masthaven Finance, which from today (10th February) will trade as Masthaven Finance. Bloom was the founder, majority shareholder and chief executive of Masthaven Group and Masthaven Bank from 2005 to 2020, when he sold his controlling stake and stepped down. In […]
Spring Finance announces partnership collaboration with Optalitix and LendingMetrics
Specialist lender Spring Finance has partnered with Optalitix and LendingMetrics to launch a market leading, technology led origination system. Optalitix Originate will provide Spring’s mortgage origination platform whilst LendingMetrics will provide an integrated decision engine. This collaboration will enable Spring to fully automate the decision in principle and application process, using data from credit reference […]
Spring awarded Highly Commended at B&C Awards
Spring were awarded Highly Commended at yesterday’s B&C Awards in the category of Regulated Bridging Lender of the Year! This category is one of the big ones of the event and to be awarded runner up is a fantastic achievement. There were some big names nominated alongside Spring with the likes of UTB, Precise, MT, […]
Spring grows funding lines while bolstering team
The firm has increased the size of all three of its institutional debt funding lines, while also closing on a mezzanine funding round from private investors. The company has also made a raft of appointments across its bridging and mortgage team and now has almost 40 members of staff. Amy Robinson joins from Apex Bridging, […]
