As some of you may be aware we have merged the Norton Finance and Ashley Park B2B teams into one super department that provides help and assistance with all your financial intermediary needs and I and my colleague Andrew have been busy working on a number of things that should hopefully see the light of day very shortly!
So what’s happening in the world of secured loans? Rates continue to drop, Secured loan brokers are finding that we are now a mortgage broker’s best friend since MMR day and debt management companies are racing to find a reputable loan broker to work with to ensure they are treating their customers fairly. Almost all of them are asking about Category E (and before you ask, Yes, We have!) and all of them want to talk about the FCA.
Old stalwarts such as Blemain and Nemo continue to improve products and are being given a run for their money by “newbies” such as Precise and all of these are being joined by some unsecured loan lenders with the type of products that have not been seen in the B2B market place for quite a long time.
To show just how much things have changed here is a matrix I found the other day whilst having a bit of a tidy up.
New best friend?
I must apologise for my poor blogging of late...
Lee Schofield
19th June 2014
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