Y3S Group is launching this month what it claims will be the UK’s first online bridging loan sourcing and quotation tool.
The February launch follows a period of live tests by a panel of selected brokers.
The miLoan bridging module will be an integral part of the company’s online sourcing system miLoanbroker.com which exists to provide mainstream brokers with access to specialist finance products.
Generated applications will be submitted to a bridging loan specialist at Y3S Bridging & Commercial who will take control of the process. Users will be able to access to live case-tracking and case notes, and will be updated at each stage via SMS and email.
Matt Cottle, miLoan project director, said: “Our 2