They will work together to create a commercial processing HUB, centralising many of the complex processes.
Both Omega and Commercial Mortgage Solutions will continue to trade under and promote their own brands,
Kevin Jones, managing director of Omega, says: “We are committed to providing a leading service proposition to our customer base and both companies have a number of experienced specialists to provide what we regard as one of the leading commercial broking operations in the country.
“Between CMS and ourselves we have access to the whole of market and this alliance will allow both businesses to share expertise and processing systems.
Adrian Coles, managing director of CMS, says: “The commercial market has been badly affected by the economic downturn and many brokers and lenders have been forced to exit the market place.
“However, I believe the way forward is for us to adapt our model to suit the market. The alliance with Omega will allow both companies to provide a focussed service proposition. As a result our customers will benefit from access to a wider range of status and specialist funders.”