Firmus Secured Loans has become the latest lender to join Promise Solutions’ Secured Loan Panel.
It becomes the 21st member of Promise’s panel, which is already the largest in the market.
Firmus’ appointment comes just days after the launch of the Secured Loan Club from Promise Solutions, which offers brokers all of the services needed to effectively and compliantly arrange secured loans and has been launched in preparation for the forthcoming regulatory change and to support the growth of the market.
Steve Walker, managing director at Promise, said:
“Through the Secured Loan Club we are committed to offering introducers the best all round secured loan package. Having the best selection of lenders is key to this but giving brokers the tools to deal with loans in the manner future regulators will require is even more important.
“Over the next few days Firmus will be added to Lenderquote, the only whole market secured loan sourcing and compliance platform, so introducers will be able to properly compare Firmus’ products. Zena Campbell is heading up the lenders proposition and we have worked with her for more than 20 years during her time with other lenders. She is hugely experienced so we are confident about the service our introducers will get from Firmus. The products range from near prime to medium heavy adverse with LTV’s up to 75%. This is an area of the market where there is plenty of demand.”
Zena Campbell, COO at Firmus Secured Loans added:
“Having known Steve, Promise and its staff for many years I am very much looking forward to working with them again. I am confident our products will prove to be a valuable addition to their range and will boost completions for their introducers”.
Firmus Secured Loans specialises in the non-conforming secured lending market and can assist customers who have experienced financial problems.