Swoop launches commercial mortgage division and appoints Ian Boden

Andrea Reynolds – Swoop CEO

Swoop, a business finance platform, is widening its services and will now provide access to property funders and guide on property finance.

Swoop will build its property business with help from Ian Boden, a property finance expert who will work within Swoop’s team of advisers as a commercial mortgage consultant.

Boden was previously the sales director at LendInvest, a platform for property finance and investing, where he led the development and entry to market of its buy-to-let mortgage product.

He was previously head of commercial mortgages and portfolio management at Aldermore Bank. He was also a director at both Lloyds Bank and HSBC.

As a broker for bespoke and alternative funding, Swoop enables businesses to explore the entire funding marketplace and access finance that might otherwise be hidden.

Swoop CEO Andrea Reynolds comments: “Covid-19 has heightened the need for specialist finance and underlined the importance of swift, tailored solutions. We’ve seen a huge number of businesses turn to us for financial advice and to match them with suitable lenders.

“We are enlarging our scope and are delighted that we now have Ian’s expertise and can add commercial mortgage providers to our growing panel of lenders.”

Ian Boden commments: “I believe that Swoop will be a vital resource for the property sector as we move into 2021. We’ll help to support and rebuild the market as we recover from the pandemic, and we’ll make it far easier for commercial property owner-occupiers and property investor clients to access the finance that they need.”

Swoop helps firms find finance through loans, equity and grants, and the addition of a property service is a natural addition to its portfolio.