Online pawnbroker teams up with Promise Solutions
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Online pawnbroker Borro.com, has joined forces with Promise Solutions, to bring it’s range of short-term financial products to the UK intermediary market.
Promise says it can provide brokers and their end customers with a great way of releasing funds based on the value of their existing assets.
Steve Walker, managing director of Promise Solutions, says: “The product range offered by Borro is an important addition for brokers looking to arrange short term finance for their clients. Not only can it be cheaper than bridging but there is no requirement to own bricks and mortar, there are no income or credit checks and brokers can earn 7.5% of the loan amount.”
Short-term loans are available from £1000 - £1m and secured against jewellery, watches, diamonds, and any other assets of value.
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