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Former GE Money sales head launches online second charge broker

Former GE Money Home Loans national sales director Paul McGerrigan has launched a digital second charge broker. 

The Manchester-based company, called Loan.co.uk, sources loans of between £5,000 and £1,000,000, and the online proposition takes customers through a five-step process from application to payout.

Prior to starting Loan.co.uk, McGerrigan was the owner of Irish portfolio management firm Niche Financial Solutions and ran the brokerage Dreamloans between 2006 and 2009.

Between 2003 and 2006, McGerrigan was a national sales director at GE Money Home Loans, and regional operations manager at lender First Nation prior to that.

He says: “Finding the right secured loan should be a straightforward experience that cuts out the red tape and avoids any hidden costs.

“Our continued focus will be to provide an exceptional level of customer service, supporting our customers from the first we speak to them through to the end of the loan period and beyond.”

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  • John Crescens 14th January 2015 at 12:52 pm

    Always good to see another return to the market. Business name has an extremely familiar ring to it for those with a slightly longer memory. Reminiscent of a broker who operated out of Watford .