Brickflow partners with Factored to expand financing options for real estate agents and landlords.
Factored offers a cash flow tool to complement traditional real estate financing.
Factored offers advances of up to £50,000 and specializes in smaller ticket sizes that sit alongside the larger lending options already available through Brickflow.
The financing is primarily intended for landlords who receive monthly rental income but need access to funds upfront.
The cash advance can be used for a variety of purposes, including property renovation, business growth, EPC upgrades or maintaining cash flow during refinancing.
The product can be used alongside other types of loans, especially when landlords are awaiting the completion of a refinance and need short-term liquidity to bridge the gap.
Brickflow Chief Revenue Officer Frazer Campbell said: “Brickflow is committed to building out tools and financing options for brokers and borrowers. Factored introduces an innovative offering that works alongside traditional real estate financing and can be especially useful for landlords managing cash flow or awaiting refinancing.”
Factored co-founder Ben Schuldenfrei added: “We are delighted to be working with Brickflow, whose presence in the UK continues to grow, and to bring our rent advance solution to a wider network of agents and landlords across the UK. Our aim is to provide fast, easy access to capital that helps property professionals keep projects moving.”