Five brokers at Just Mortgages’ are now trading as commercial brokers through a partnership with Fiducia, according to the firm.
Just Mortgages will identify the client and remain their point of contract through the process, with Fiducia dealing with sourcing, processing and paperwork, it adds.
The firm has been referring commercial cases onto Fiducia, however, it will now be able to retain any commercial mortgage clients.
Just Mortgages head of self-employed division Carl Parker says: “Fiducia is a leading commercial broker with a great offering, including for high-value lending packages for businesses and through this partnership, we can add another string to our bow.
“We are keen to train up brokers already working with us but from a recruitment point of view, are confident that, through this partnership, we will attract self-employed commercial brokers already working in this area.”
Fiducia chief executive Marcus Grimshaw adds: “The commercial finance industry is crying out for truly independent, professionally brokered, compliant solutions, critically with the client at the heart of everything we do.
“This ethos and the desire to help fund UK business is shared between both our firms. I know this will be a powerful partnership with great benefits to business owners around the UK.”