SML has operated the scheme for the past twelve months and it works by rewarding points which can then be redeemed for prizes.
Paul Crewe, managing director of SML, said: “The scheme represents a thank you gesture to introducers for using SML to place their loans without reducing the value of the products sold to clients.
“We have designed this scheme in a way that ensures the integrity of the products we provide so they remain just as competitive.
“The amended scheme also takes account of feedback we have received from brokers which we believe makes it even better and when our market leading commission rates are taken into account backed by our service and whole of market product offering, brokers really have a winning combination by dealing with SML.”
