Secured loans packager V Loans says it is one of a select few to have access to an exclusive new secured loans product from an undisclosed private funder.

Criteria include a maximum loan size of £15,000 and self-cert for the self-employed. Debt Management and IVA plans are acceptable, as are mortgage arrears in the last three months.

Development director Dave Pinnington said: “This is a real coup for V Loans. The new product fills a critical gap in the market