The key upgrades are:
• Instant document printing and sign up - brokers can now print pre-completed application forms, authority forms, specimen agreements and a step by step guide, enabling them to instantly sign up client applications and forward them to Promise for processing. This should increase the conversion rate and loans should complete faster.
• Reduced courier costs – this will ensure brokers get more applications completed and paid out and could double the conversion rate. The courier service has been enhanced and will only cost £40 on completed loans. Promise will manage the process and cover all other courier costs including the costs on loans which do not payout .
• Copy Documents - document printing to enable brokers to print copies of agreements for their files.
• Rapid verification process - whilst Promise quote is highly accurate, clients can make mistakes. If brokers wish, Promise will check the credit search, land registry, local property values and come straight back to them with a verified decision, before they quote the client.
• Enhanced credit search process - As different lenders use different searching agencies, Promise has built direct links to more lenders scoring systems which brokers can access instantly whilst sourcing. This will provide more accurate results and reduce the number of searches carried out.
• Product Basket - enabling brokers to more easily compare products and loan amounts from different lenders. Brokers can now also make multiple offers on the chosen lender for those clients who are undecided.
