The first version went live in July 2011 and immediately became a big hit with brokers who have registered in their thousands to use the system since last summer.
The latest set of upgrades include a smoother user interface, a ‘Quick fire’ underwriting question box, an improved case tracking system and brand new website plug-ins for secured loans and now bridging loans too. Users are instantly directed to the most popular parts of the system while less popular features have been relegated to drop down menus.
Y3S director Matt Cottle said:
"Over 3,800 brokers have now signed up to take advantage of miLoan creating a new quote every 10 minutes of the working day.
“Our users love the simplicity of the system that gives them the information they want when they need it knowing that their specialist underwriter is less than a click away should they need support.”
Cottle says that he expects the current rate of growth to continue with around 10,000 users expected to be signed up to miLoan by the end of 2013.
