Intermediary association further expands panel that includes recent members such as Foundation, Lloyds Bank, and HSBC
The Financial Intermediary & Broker Association (FIBA) has added SWIG Finance as the latest lender to join its panel.
SWIG Finance, part of the South West Investment Group, offers loans to small businesses across the South and South West of England, operating from Bristol, Exeter, Poole, and Truro.
Specialising in unsecured loans of up to £250,000 for terms up to five years, SWIG Finance aims to assist growth-focused businesses based on their potential rather than requiring collateral.
SWIG Finance joins other recent FIBA panel members such as Foundation Home Loans, Lloyds Bank, and HSBC.
“It gives me great pleasure to welcome SWIG Finance to our lender panel,” said Martin Reynolds (pictured), chair of the Financial Intermediary & Broker Association. “Its unique approach to supporting small businesses looking for financial solutions, often less accessible from bigger lending institutions with templated lending parameters, has been an essential lifeline to many in the South West, and will continue to be so for many years to come.
“I am particularly pleased to see its approach to welcoming business through an intermediary association populated by firms and individuals dedicated to finding suitable lending partners for their clients’ particular development requirements.”
Nicola Parker, senior business manager at SWIG Finance, underscored the significance of the intermediary network in reaching and supporting more SMEs in the South and South West.
“By partnering with FIBA, we’re looking forward to expanding our network further and cultivating new relationships to help us support even more businesses,” she said. “As our lending decisions are based on the potential of a business rather than its collateral, we can support businesses that may not be an easy fit for algorithm-driven lenders. The funding we provide is hugely beneficial to customers who might need a people-based approach.”
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