Promise incentive targets the &’039occasional&’039 broker

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Promise Solutions introducers will now receive a case of wine with every secured loan completion plus two cases of wine and £100 for two completions in one month.

There will also be a random daily wine give-a-way for new registrations or new enquiries, the master broker says.

Steve Walker, managing director of Promise Solutions, said that the Promise autumn incentive is particularly aimed at the brokers who only encounter an occasional loan or bridging enquiry.

Walker said: “Brokers can easily get caught out by offers which are dependant on hitting monthly volume targets or requiring loans to pay out within a defined period. There are very few mortgage brokers who realistically expect three loan completions in one month in order to qualify for a particular incentive. I have also seen some clever wording where the offer is time bound meaning over half on the loans won’t qualify due to the processing period involved. Our incentive simply doesn’t do this.

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