UNIFi enhances secured loan portal

UNIFi Partners has unveiled a range of enhancements to its secured loan portal.

The changes to the portal have been made in light of the recent revisions to the Consumer Credit Act and UNIFi’s ongoing aim to provide its members with sufficient technology and information to smooth business transactions.

By using the secured loan portal, brokers will find a system which provides a lender landing page, with summarised guides to help speed up the selection process, criteria for all lenders presented in the same format for each and also the ability to track when the information was last updated to ensure criteria and processes fit with CCA amendments.

Patrick Bamford, managing director of UNIFi, says: “The changes and enhancements we have made to UNIFi’s secured loan portal reflect the current lending landscape, the amendments to the CCA and the need for quality information so our members can provide a comprehensive service to their clients.

“The portal lists those lenders currently still active in the marketplace and breaks down the fundamentals of their criteria to enable easy understanding of client suitability and product availability. This information will allow brokers to see if the case is likely to fit with lenders outside of their normal panel.

“Our excellent relationship with lending partners continues to grow, for example, UNIFi are now offering our members the facility to score applications for FirstPlus, via our portal, without the need for a direct agency. In the coming months we anticipate being able to offer the same facility for other lender partners. “