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Thursday, 3rd May 2007
By Nicolette Botbol
Promise Solutions has completed its first secured loan.
Launched last month by Promise Finance, Promise Solutions is a secured loan sourcing system which offers a decision in principles.
The loan was introduced by Chris Beer from Beerstone Financial services.
He says: “I found the system very easy to operate. "Once
I had keyed in clients information, the speed of getting the range of products back to me was excellent, and once my client had selected a product Promise just took over the case and chased it through to completion.
"I am looking forward to my commission payment which again is very attractive.”
Steve Walker, the managing director of Promise Finance, says: “We are delighted to reach this milestone in the development of our service to the broking community.
“The underwriting and loan fulfilment technology performed without a hitch and I would like to say a big thank you to all the staff that have been involved in the development and trialing of the processes. “This is the
start of a new era in sourced secured lending and as we drive volume through our business model, we anticipate being able to pay even more for those introducers achieving good conversion rates, good average commissions and low abortive costs.”
Source:
http://www.mortgagestrategy.co.uk/cgi-bin/item.cgi?id=141630&d=337&h=24&f=254 |
