Brokers can now access The Loan Directory’s bespoke software sourcing and packaging system through SLS' site.
The Loan Directory’s software provides detailed lender criteria from a panel of 11 secured loan providers, a decision in principal and 24/7 online case tracking.
This move will enable SLS clients to access the Everyday Loans 90 per cent LTV product where customers are allowed one mortgage arrear in the last 12 months, plus a maximum of £5,000 in County Court judgements and defaults in the last 12 months.
Mat Manser, sales director of Secured Loan Services, commented: “The Loan Directory offers the best package on the market. It will improve our service and increase turnaround times for brokers.
"It will also enable us to ensure that brokers have access to the best lenders and products on the market. We are constantly striving to make our package of benefits as attractive as possible”.
Mike Boyle, director of operations at The Loan Directory said: “The system has been designed to take the hassle out of selling secured loans to enable brokers to concentrate on selling the product. We believe that our sourcing and packaging system will benefit both SLS directly and their clients by providing them with all the support they need including access to market leading products."
