This move complements the new origination system from BEP Systems and the five year agreement with Phoebus Software.
Equifinance has strengthened its underwriting and administration facilities.
According to the firm, it has taken the decision to improve its facilities due to 15 months of consecutive growth within the second charge market.
This move complements the new origination system from BEP Systems and the five year agreement with Phoebus Software, it adds.
Tony Marshall, managing director at Equifinance, said: “The second charge sector is always urging advisers to include second charge options in their advice process.
“However, it is up to us to make sure that the user experience is the best it can be. The investment we have made, both in personnel and technology, underlines our commitment to the sector and the quest to provide the best service in the market.
“Equifinance has made its name as a lender which treats every enquiry on its merits by refusing to pigeonhole potential borrowers into rigid boxes. However, if we cannot back up our proposition with a fast consistent service, the value is wasted.
“Our investment in IT and personnel along with our commitment to the intermediary community are already paying dividends as brokers experience the value we offer not only through our underwriting stance but also our ability to deliver the service to go with it.”
