Friday, April 04, 2008
An arrangement that would allow for the exclusive offer of secured loans and commercial mortgages has been made between Connect Mortgage Group and Commercial 1, the Bromley-based brokerage specialist, report said.
The deal will also see Commercial 1 offering bridging finance to Connect Mortgage's network of introducers. Based on this agreement Connect's introducers will benefit from Commercial 1's IT system, ifinance, through which introducers could submit their enquiries online.
The IT system also offers automatic credit searches, land registry searches as well as auto-underwriting options. Through it the best available secured loan plan is found and chosen. It also offers different loan options in a few minutes, the report said.
Managing Director of Connect Mortgage Group, Adrian Dunn said they consider working with Commercial 1 on an exclusive deal a huge achievement and that their brokers will make positive gains from it.
He said they are very proud of the specially made IT system that reduces administration and saves time, adding that Commercial 1's advanced CRM system excellently interconnects with their IT offering.
Commercial 1's head of sales, Peter Tuner also commented that they worked together for a number of years and have developed a solid bond based on their shared business attitudes.
"To now be able to exclusively offer Connect's introducers secured loans, commercial mortgages and bridging finance, and lend out expertise in these areas is a very exciting proposition," he said, adding that they are hoping to further strengthen the relationship, continue the shared broker visits and work together to offer the best service.
Source:
http://www.onlyfinance.com/Loans-News/12751972-Connect-Mortgage,-Commercial-1-Seal-Secured-Loans-Deal.aspx