Promise Solutions offers Loanmakers brokers helping hand

Following the announcement that Loanmakers has entered administration, Promise Solutions is offering its introducers free and instant access to Promise Quote, it’s sourcing engine.

Steve Walker, managing director of Promise, says: “We have taken a number of calls from worried brokers as they fear their pipeline loans with Loan Makers may not get paid out or they may not receive their commission after the administrators cost have been covered.

“By entering their enquiries in to Promise Quote, concerned brokers can instantly see what other loan products are available today and how much they will earn. They can also control the fees charged so are empowered to reduce the costs if they need to placate annoyed customers.”

“Loan introducers can then make an informed decision whether to let the enquiry run it’s course with the current provider, or quickly switch to an alternative. With our 4 submission options, including, instant sign up with online document printing, or our courier service, those brokers choosing an alternative can resell the loan, and get it signed up very quickly.”