Smart Money Loans says it is the first secured loan partner to market Masthaven’s new products for the Scottish market.

Being a national firm with offices in England and Scotland, the intermediary secured loan specialist believes it was a logical choice to partner Masthaven’s move north of the border.

Paul Crewe, Masthaven’s managing director, said: “It is a huge vote of confidence in our proposition to have been chosen by Masthaven to spearhead their expansion into Scotland where we have built up a strong base of support for secured loans from our Glasgow office.

“Masthaven has extended its current product offering on the same terms and criteria already available in England and Wales and we are well placed to introduce our supporting intermediaries to the opportunities presented by this new lender. Of course, we shall also be extending the whole Masthaven proposition to our English introducers.”

Stuart Aitken, COO at Masthaven Secured Loans, added: “We are delighted that Smart Money has agreed to partner with Masthaven as we look to significantly grow our presence in this ever more vibrant secured loans market.

“Smart Money’s excellent service reputation and reach across the UK make it a timely addition for Masthaven, given our recently announced push into Scotland.”