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Broker launches free secured loans service

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Broker launches free secured loans service

A master broker has launched a free introducer service to maximise secured loan completions.

Promise Solutions is providing web application forms that allow brokers to take on secured loans applications from customers but leave the entire application and fulfilment process to Promise.  

Brokers can use the forms as an addition to their website or as a standalone web page. Also, the software allows Promise to identify the introducer and their level of commission needed as well as initiate outbound calls, emails, or letters to the client.

The code of the standalone webpage generates a web page customers are directed to after clicking a link, fit with the enquiry form, the introducer’s contact details and brand colours. This page can be used to handle email or SMS marketing responses.

The form can be added to an existing website in minutes; both options are free of charge.

When commenting on the offer, Managing Director at Promise Solutions, Steve Walker said that brokers can be discouraged from capitalising on the interest in secured loans because they don’t have the time to become actively involved. He added: “This facility enables them to generate loan enquiries in a variety of ways and pass them seamlessly to Promise to be dealt with on their behalf whilst still earning the same generous commission levels had they fully sourced the loan themselves.

“This is a perfect solution for brokers who are either too busy or do not wish to become personally involved with secured loans. The code can be copied from the Promise website and brokers can have a working webpage dedicated to them in less than five minutes.

“In addition, the application form can be amended in seconds to allow customers to also apply for unsecured loans, bridging loans, as well as wide range of other products as required by each broker, all of which can be expertly fulfilled on the broker’s behalf by Promise.”

The concept was created in response to a discussion on the company’s LinkedIn group “Alternative Lending”. It acts as one of many new initiatives being introduced by Promise to help mortgage brokers enhance their income stream via secured loans and other lending solutions.



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