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Equifinance access to be increased

by admin
26 April 2012
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Promise Solutions is enlarging its panel with access to Equifinance.

Following the launch of satellite packaging facilities, Promise is now making more satellite agencies available to loan brokers which it claims can generate “consistent” volume.

Equifinace is a second charge lender offering up to 75% LTV for adverse credit/self-employed loan applications.

Steve Walker, managing director of Promise Solutions, said: “This service has worked very well for a number of loan brokers and has allowed them to complete loan applications which would simply be declined by all other lenders. It’s also good news for the lender as they can focus on delivering a top quality service without worrying about marketing and distribution.

“The pilot has been so successful that we are now taking on more satellite packagers, ideally those medium sized brokers who could place up to a handful of cases per month.”

Kevin Cooke of Equifinance added: “We are very pleased with the way our secured loan product has been received and the way the distribution model is working which means we can now accommodate more completions.”

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© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

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  • MORTGAGES
    • Mortgage type
      • Discount mortgages
      • Fixed rates
      • Fee-free
      • Interest-only
      • Offset
      • Remortgages
      • Trackers
      • Variable rates
    • Conveyancing
    • First time buyers
    • Help to Buy
    • New build
    • Overseas
    • Regulation
    • Self build
    • Shared ownership
  • BRIDGING
  • BTL
    • Consumer BTL
    • HMOs
    • Limited Company BTL
  • COMMERCIAL
    • Asset finance
    • Auction finance
    • Commercial mortgages
    • Development finance
    • Invoice finance
    • SME finance
  • DISTRIBUTION
  • G.I.
  • LATER LIFE
    • Equity release
      • Lifetime mortages
      • Drawdown
    • Pensions
    • Retirement borrowing
  • LOANS
  • PROTECTION
    • Critical illness
    • Income protection
    • Group protection
    • Life cover
    • PMI

© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

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