Borro has announced its Christmas incentive for professional advisers, offering the chance to obtain Rolex GMT Master II watch.

The new incentive is designed to reward the intermediary partner who introduces the most clients with an acceptable asset and a genuine need to raise funds before Christmas.

The incentive runs until 21 December.

Chris Willis, senior vice president of sales and business development, said he is expecting a lot of interest from partners who have already found out how easy it is to obtain the funding clients need.

He said: “Existing partners of borro obviously have a bit of an advantage, but any professional adviser can register with us today and start referring clients immediately to have an opportunity to win the Rolex.

“We have found that once a partner has introduced one client, the fact that borro actually delivers funds to that client’s account within hours of an offer being made, they are keen to introduce more.

“I am looking forward to meeting the successful partner and handing him or her their new watch. It will make a great Christmas gift, if the winner is feeling particularly generous!”