The sourcing system uses a client’s credit file information and personal details to produce loan quotes.
It conducts a soft credit search to tailor loan offers without harming an applicant’s credit profile.
When qualified products are displayed, an introducer can choose to either issue the loan offer documents or modify the loan requirements.
The system offers loans up to 85% loan to value and uses a panel of lenders including Blemain Finance, Central Trust, Nemo, Personal Finance, Norton Financial Services, Prestige Finance and Shawbrook Bank.
Ryan McGrath, operations director of Central Loans, said: “The Loan Engine provides introducers with an accurate sourcing tool to access the UK secured loan market.
“We know how precious time is for our introducers so the application is quick and accurate to manage the client’s expectations.
"Access to The Loan Engine is free and user friendly so we hope it will provide more opportunities and solutions for introducers and their cleints."
