Introducers given free loan websites by Promise

Published on

website

Loan broker Promise Solutions is now providing introducers with free, standalone secured loan websites.

This follows its decision to give brokers online loan application forms to host on their websites.

The facility is aimed at those brokers who don’t have a loans section on their website as well as brokers who want to do mass marketing and need a web page to deal with responses.

Steve Walker, Promise’s managing director, said: “The pilot phase has been incredibly popular and some brokers have been phoning us daily to get their websites set up. Introducers can obtain simple instructions from the marketing section of the Promise Solutions website and have the webpage live in less than five minutes including their company details, company colours and a home or back link to their main website, assuming they have one.

“They don’t need any IT experience whatsoever and one broker attached a link from his Facebook page on a Friday and had three enquiries over the following weekend.”

Introducers to Promise are using the new web pages to handle response to SMS, email and other marketing campaigns. Each website can be customised by the introducer to include, or exclude, applications for secured loans, unsecured, bridging loans as well as a range of other products Promise offer.

In each case the enquiry is followed up by the Promise sales team and the introducer is regularly updated by email and has access to live case notes to monitor progress.

Walker added: “Not only is this very easy for brokers, we also pay introducers the same commission they would earn had they sourced, sold and signed up the application themselves. Introducers can also mix and match their preferred referral process and use the sourcing system if they want to retain more control, instant referral if they want minimal involvement or send us a manual DIP form if they prefer.

“This mix and match approach, together with marketing assistance, is available to any introducing broker with a valid consumer credit licence and can include members of mortgage networks and clubs which do not yet have a formal arrangement with Promise.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

IMLA: 3.5 million still locked out of market

The number of would-be homeowners in the UK still waiting to enter the property...

Coventry for intermediaries lowers BTL and residential rates

Coventry for intermediaries has announced rate reductions of up to 10 basis points across...

Property transactions rebound in May after SDTL-related lull

Property transactions across the UK rose sharply in May following a subdued April, as...

The Leeds eases affordability rules

Leeds Building Society is reducing the stress rates it applies when assessing mortgage affordability,...

HSBC Life (UK) expands adviser support for protection market

HSBC Life (UK) is looking to strengthen its position in the UK protection market...

Latest opinions

How product transfers can help landlords and brokers in a challenging market

In an ever-changing buy-to-let market, the task of managing a property portfolio becomes increasingly...

Finding the ‘yes’ on finance for trading businesses

Pressure on UK trading businesses continues to mount, driven by rising costs, tight cash...

Bridging finance for refurbishment – is it light, medium or heavy?

Not all refurbishment projects are created equal. The type of works being undertaken will...

Complaints: A pain that you can handle

One of the biggest problems an adviser can face is a complaint. And those...

Other news

IMLA: 3.5 million still locked out of market

The number of would-be homeowners in the UK still waiting to enter the property...

Coventry for intermediaries lowers BTL and residential rates

Coventry for intermediaries has announced rate reductions of up to 10 basis points across...

Property transactions rebound in May after SDTL-related lull

Property transactions across the UK rose sharply in May following a subdued April, as...