Exclusive Connections, the UK's largest packager association, has announced that it is to offer a bespoke white label bridging finance product in partnership with Bridgingloans.com, one of the UK's most innovative providers of bridging finance solutions.
Exclusive Connections has over 50 regional packager members with access to all the benefits of a central core of services – including a comprehensive lending panel. Bridgingloans.com has been appointed to the company's lender panel because of its experience of the bridging finance market, as well as its robust lending criteria and strict underwriting processes.
Matthew Arena, Managing Director of Exclusive Connections, said: "I am delighted to welcome Bridgingloans.com to our panel. It is an established bridging finance company and we are working on launching an exclusive product to the market for the benefit of brokers who deal with any Exclusive Connections member. I look forward to working with Bridgingloans.com to the benefit of members, brokers and customers alike."
Martyn Smith, Managing Director of Bridgingloans.com, commented: "In the current financial market it is vital that brokers have a range of viable services to offer customers. However at the moment this is often a problem for them due to many lenders shutting up shop. Exclusive Connections has a fantastic brand reputation amongst brokers and this partnership really helps us to extend our reach on the marketplace and solidify our position."
About Exclusive Connections:
Exclusive Connections is a private company, founded in 1996. Originally offering a framework for local packagers to allow them to pool resources and increase bargaining power with key lending partners, it now consists of over 50 packager members with access to a comprehensive lending panel, including branded lending and in-house underwriting. Exclusive Connections completed over £2.75 billion of mortgage business in 2007.
Bridgingloans.com is an established, independent principal lender providing a competitive and flexible bridging loans service for residential and commercial borrowers. It has a proven track record of providing short-term loan solutions to clients for over 25 years and has an experienced team of dedicated mortgage underwriters well placed to provide a tailored solution to each and every case.
Additional information is available at www.bridgingloans.com
Photographs available on request
IBA - PR for Bridgingloans.com
Tel: 01780 721 433
Ryneveld van der Horst
Finance Director – Bridgingloans.com
Tel: 0117 9702703