Promise Solutions is to offer Borro.com’s range of short-term financial products to intermediaries.
Borro.com aims to release funds based on the value of existing assets within 24 hours. Reasons for borrowing including short term capital raising, short term cash-flow crisis, property improvement and buying property at auction. Short-term loans are available from £1,000 – £1 million and secured against jewellery, watches, diamonds, and any other assets of value.
Steve Walker, managing director of Promise Solutions. said: “The product range offered by Borro is an important addition for brokers looking to arrange short term finance for their clients. Not only can it be cheaper than bridging but there is no requirement to own bricks and mortar
