Short-term finance provider Affirmative Finance has developed its own iPhone app.

The free app took six months to develop and has been designed to reflect the Loan to Value Calculator on its own website.

The app provides another way of putting a case in front of a decision maker at the earliest opportunity and gaining feedback. It assists both intermediaries and members of the public to calculate loan to values on single and multiple security transactions. The app also allows the user immediate and direct access to an underwriter for an immediate lending decision, Affirmative said.

Gary Lederberg, director at Affirmative Finance, said: “We noticed the increasing popularity of our loan to value calculator on our website. We are always looking at ways to assist both our customers and intermediaries and what better way than to convert one of our website tools into a user-friendly app.

“For those that prefer to use an Android device we have every intention of launching the app via Google Play in the near future. We are continuously working on our internet and social media presence, and very much welcome feedback from customers, intermediaries and suppliers.”