Suros Capital increases introducer commission to 3%

Published on

Suros Capital, the short-term lender which uses luxury assets as security, is offering brokers 3% commission on all loans which complete before the end of March.

By comparison, the current baseline commission is 1%.

Ray Palmer (pictured), director at Suros Capital, said: “The enhanced commission deal is an added incentive to introducers to help them spotlight clients who need immediate short term funding for any purpose, but where conventional borrowing is not quick enough.

“If clients are in possession of luxury assets such as jewellery, fine art, watches, luxury and classic cars and fine wine, we can lend against those assets within days rather than months with the minimum of paperwork and without the usual cumbersome and expensive need to engage solicitors and surveyors.

“We want every broker to be more aware of the opportunities for clients whose liquid resources are tied up but have assets which can be used to secure a loan from us.

“We are usually able to release funds within 24 hours of assessing the asset value. With up to 80% of wealthy clients having suitable assets, this is an untapped market for many brokers.”

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

Access FS mortgage division posts 38% revenue rise after specialist packaging launch

Access Financial Services said its mortgage division delivered revenue growth of 38% year on...

MAB integrates LiveMore Mortgage Matcher into adviser platform

Mortgage Advice Bureau has partnered with later life lender LiveMore to integrate the LiveMore...

Opus First Media launches Bridging Soup

Opus First Media has expanded its specialist publishing portfolio with the launch of Bridging...

Record January price jump signals early 2026 confidence boost

UK house asking prices posted their strongest ever January rise as buyer confidence rebounded...

Rents fall over 2025 for first time on record

Rents across Great Britain fell over the course of 2025 for the first time...

Latest publication

Other news

Access FS mortgage division posts 38% revenue rise after specialist packaging launch

Access Financial Services said its mortgage division delivered revenue growth of 38% year on...

MAB integrates LiveMore Mortgage Matcher into adviser platform

Mortgage Advice Bureau has partnered with later life lender LiveMore to integrate the LiveMore...

Opus First Media launches Bridging Soup

Opus First Media has expanded its specialist publishing portfolio with the launch of Bridging...