Premier Network Group, the mortgage network and distribution company, has linked with TCF Debt Solutions to provide a dedicated service for the provision of debt solutions.
PNG have secured key partner status with TCF allowing all members of PNG to access TCF’s debt advisory service. The referral service is tailored to allow introducers to concentrate on their core business activities while giving them the opportunity to include niche products in their portfolio of offerings.
Once the intermediary or adviser has identified the need for a complete debt solution for their client, they are able to introduce them to TCF via PNG. TCF deal directly with the client, keeping the adviser informed of the progress of the case through the whole process.
Karen Butt, head of group sales & marketing at Premier Network Group, says: “Within the current climate, PNG members may well be speaking to clients who require a full debt solution, be that a debt management plan or products such as IVAs. They can now use PNG’s key partner status with TCF Debt Solutions to introduce the client and keep track of the case and any recommendations that are made. For those intermediaries who are not active, or have little expertise, in the debt management field, they are able to place their client in expert hands while benefiting from a referral fee.
“This new relationship is just one of the ways PNG is providing an all-round menu of support services to ensure our members have access to a vast range of product solutions for their clients. Any firm looking to access their business potential and increase business levels will benefit from the PNG offering. We would urge all intermediary practices to give us a call to see how we can help them diversify and boost profit levels.”
PNG was established as a network in August 2006 and has 26 Appointed Representative firms, currently containing approximately 40 brokers. It has expansion plans to have 60 AR firms by the middle of 2008.