We can outline the details of one such scheme now but the other news will be released next week – so watch this space!
On Thursday, we completed negotiations with Enterprise Finance which our members now have access to. Enterprise Finance specialise in arranging secured loans and are dedicated to the intermediary market.
These secured second charge loans are available for residential, buy to let and commercial properties and can be accessed via NACFB’s CommercialKeeper. A simple referral from you can earn generous commission and market leading conversion rates ensure that you can build a significant income stream.
The market for secured loans is particularly buoyant at the moment due to many lenders announcing the end of interest only mortgages, costly early repayment charges may mean that remortgaging may not be suitable in many cases. These secured loans can also be used for any legitimate purpose and a poor credit rating will not necessarily exclude the client from eligibility.
Chris Whittaker, the BDM for NACFB Member Services has some great news which underscores the commission that can be earned through NACFB Member Services:
“An NACFB member reaped the rewards recently by simply referring his client via CommercialKeeper for Loan Protection in the event of his client’s death – two of his cases completed this week, which means the broker will receive £1010 for just referring the lead!
All this came from a process that took no longer than five minutes to refer the enquiry! So the broker benefits from a process that takes no longer than 5 minutes and the client benefits from financial peace of mind”.
NACFB Financial Services offers the membership the opportunity to refer enquiries for loan protection, Key Man Insurance and other products – so the next time you arrange finance, remember NACFB Financial Services and the options it gives you for lucrative ‘add on products’.
So, as I said watch this space for another particularly interesting deal that the NACFB has procured with an extremely professional lender. As always, we are working closely with our panel of funders to offer you exclusive deals that can benefit both yourselves and your clients...
