Smart Money will be adding full bridging support for intermediaries to its services from the New Year.
The second charge specialist distributor has been running a pilot scheme with a limited panel of bridging providers.
Paul Crewe, Smart Money’s managing director, said the feedback from introducers has been very positive.
He said: “We have concentrated on being a specialist in the second charge market since we launched. Our introducers have come to rely on us to provide the best alternatives for their clients’ needs. Increasingly, we have found that the lines are blurring between different forms of finance and being able to offer short term finance as an extra alternative service has already been of benefit to introducers.
“We are living through extraordinary times in the lending industry and 2015 will provide further challenges for lenders and advisers. I am delighted to see the increasing amount of choice for customers, which means the role of intermediaries is even more important in helping them find the finance they need.
“Smart Money is ideally placed to help advisers in these important sectors.”
