Promise picks 'Pro-Active' bridging finance range

Promise picks 'Pro-Active' bridging finance range




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Promise Solutions have added the comprehensive Blemain Group ‘Pro-Active’ bridging finance range to their packaged panel and market leading loan sourcing software. 

Introducers will now be able to submit bridging business to Promise Solutions across the entire range of Blemain Group companies, including Lancashire Mortgage Corporation for 1st and 2nd charge commercial bridges, Cheshire Mortgage Corporation for 1st charge residential and owner occupied semi commercial bridges, and Blemain Finance for 2nd charge residential, semi commercial and Buy to Let bridges. All short term funding from Blemain Group is available on an ‘any status’ basis with 24 hour payouts possible and 100% funding for borrowers who are able to offer additional security. Terms on offer range from 1 to 15 months.

 

Commenting on the relationship between the firms, Promise Solutions MD Steve Walker said: “Promise Solutions are delighted to offer the complete range of Blemain Group bridging products as part of our bridging finance panel. Blemain Group has been providing short term finance for over 30 years and has a wealth of experience in this area of the market. In combination with our advanced sourcing technology the Blemain Group bridging finance range will enable introducers to access a fast, effective short term finance solution whatever their client’s circumstances.”

 

Gary Bailey, Director of Blemain Group added: “We are very pleased to be teaming up with Promise Solutions as part of our continued commitment to supporting intermediaries. Blemain Group still has a strong appetite to lend and this partnership will help intermediaries to diversify their business with the support and experience of Promise Solutions behind them. Bridging finance is growing in prominence as the preferred option to address of variety of common funding needs and our product range contains options that are suitable for almost any situation. We look forward to working in partnership with Promise Solutions and helping their introducers to maximise their conversions and complete more short term finance business.”

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