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Promise to give free training to brokers

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Promise to give free training to brokers

The secured loans master broker, Promise Solutions, has launched a series of on-line training and induction modules specifically aimed at mortgage brokers to raise their income and expertise in the secured loan sector. 

The modules cover topics including expert sourcing techniques, marketing tips and cross selling, secured loan objection handling, marketing literature, on-line print ordering as well as the main compliance issues.
One topic will be covered each week over a six week period culminating with an optional accreditation for those brokers wishing to demonstrate continuing professional development.
Managing Director of Promise Solutions, Steve Walker, commented: “We have developed this programme in response to requests made to us by our mortgage club and network partners. They are keen to help their members get more involved with secured loans but recognise that a skills gap and degree of nervousness exists amongst brokers.
“Compared to mortgages, loans are actually very simple and our proposition is all about empowering brokers to control the sales process maximise their income, widen their product offering whilst relying on Promise to look after the packaging and administration.
“There are many mortgage brokers who are keen to reap the considerable rewards on offer for introducing a secured loan to Promise. With commissions of up to 7.5% of the loan amount, the income can be very significant and the work involved minimal. We want to share our considerable expertise to help brokers reap the rewards available in the loan sector. I believe mortgage brokers will become one of, if not the main source of secured loans to lenders in the future. Promise is 100% behind this and we want to do everything we can in supporting mortgage brokers getting to grips with secured loans.”

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