Page 37 - Bridging & Commercial Magazine Issue 5
P. 37

BAR ENTERING THE MARKET AND INTERMEDIARIES INCLUDING BRIDGING IN THEIR BROKER “THE LANDSCAPE FOR BRIDGING FINANCE HAS CHANGED DRAMATICALLY OVER THE PAST DECADE,” STATES INDUSTRY STALWART AND TOGETHER’S COMMERCIAL CEO MARC GOLDBERG. THE RISING NUMBER OF LENDERS TOOLKIT HAS INCREASED DEMAND. THE VARIETY AND COSTS OF PRODUCTS HAVE ALSO CHANGED CONSIDERABLY AS A RESULT OF COMPETITION WITHIN THE SECTOR, MAKING IT LOOK UNRECOGNISABLE FROM 2009. IN THIS TIME, ESTABLISHED LENDERS HAVE INTRODUCED WHAT MARC DESCRIBES AS “NEW LEVELS OF PROFESSIONALISM” AND HIGHER STANDARDS. BUT, WITH LENDER ENTRANTS STREAMING INTO THE MARKET AND NOTHING LOOKING SET TO REGULATE THIS, THE REPUTATION OF THE INDUSTRY—WHICH HAS COME SO FAR— COULD FACE DETERIORATION IF A BENCHMARK IS NOT MET BY ALL  35  Sept/Oct 2019 


































































































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