Brickflow has announced that it has added bridging finance lender Somo to its panel of more than 160 lenders, giving brokers another option to compare and place cases in one place.
Brokers using the platform can now view Somo’s bridging finance loans alongside the rest of the panel, compare terms side by side and submit cases through a single platform rather than sourcing each loan manually. Somo assesses each case on its individual merits, which gives brokers a route to funding for clients with complex or non-standard circumstances.
Somo’s offering on the panel includes:
- loans from £27,500 to £3m, with terms from one month to three years
- lending up to 75% LTV
- products that brokers can compare against the wider panel and submit through the same platform
Somo adds to the bridging and short-term options already on Brickflow, which brokers can use for clients working to tight timelines.
“Every broker has a client whose case doesn’t fit neatly into a box, and the quicker they can find a lender willing to look at it properly, the better,” said Glenn Franklin-Jones, director of lender relations at Brickflow (pictured).
“Somo has built its reputation on doing exactly that in bridging, so adding them to the panel gives our brokers more choice and a faster route to an answer, all in one place.”
“Brokers want to find the right lender quickly, and Brickflow gives them a clear, efficient way to do that,” added Victoria Barnard, head of networks at Somo.
“Joining the platform puts Somo’s products in front of brokers at the point they’re sourcing, so they can see what we offer and move cases forward with confidence. It’s a natural fit with how we already work: close to the broker, and focused on getting deals done.”
