Kevin commented:
“After a very successful soft launch with Promise Solutions we completed and funded our first loans in January and Promise introducers will already have seen their commission cheques. Promise have built up a significant pipeline of cases with many more completions expected in February.
"Last year we took the strategic decision to soft launch with just one or two master brokers and we have now agreed to add Loans Warehouse which along with Promise Solutions creates a panel that should give us access to the entire introducer market.”
Equifinance can offer loans between £5,000 and £15,000 and criteria highlights include unlimited mortgage arrears up to 75% LTV, CCJ’s and defaults ignored and straight forward income requirements for Self Employed borrowers
Steve Walker, the M.D. at Promise commented:
“We now have a significant number of applications in the pipeline and have been greatly impressed by the lenders appetite to make deals happen and keep the process simple by making common sense decisions and looking for short cuts.
"It’s a real breath of fresh air and our introducers are really feeling the benefit."