Promise Solutions to launch short term loans to UK intermediaries

Borro.com, has joined forces with Promise Solutions, provider of loan solutions to intermediaries to bring it’s range of short-term financial products to the UK intermediary market.

Related topics:  Property
Warren Lewis
28th June 2010
Property

Over 10,000 brokers are registered to use Promise Solutions and by working with Borro.com Promise can provide brokers and their end customers with a great way of releasing funds based on the value of their existing assets, within 24 hours.

Short term products are highly flexible and often the ideal solution for a wide range of circumstances including short term capital raising, short term cash-flow crisis, property improvement and buying property at auction.

Steve Walker, Managing Director of Promise Solutions comments:

“The product range offered by Borro is an important addition for brokers looking to arrange short term finance for their clients. Not only can it be cheaper than bridging but there is no requirement to own bricks and mortar, there are no income or credit checks and brokers can earn 7.5% of the loan amount.

"Promise is delighted to take Borro’s products to the UK intermediary market all of which can be accessed via the Promise Solutions website."

Borro.com offer a discreet, safe and hassle-free way to borrow money against personal valuables. Short-term loans are available from £1000 - £1 million and secured against jewellery, watches, diamonds, and any other assets of value.

Paul Aitken, company founder and CEO of Borro.com comments:

“Promise Solutions is well known for innovation, offering choice, quality products and a service to meet both introducers and the end customer’s needs. We’ve chosen to work with Promise Solutions due to their position and strength in the market. Our partnership will offer an alternative solution for the customer and give broker’s a new, valuable income stream."
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