The panel members will have access to Somo products, including its valuation only and second charge loans, as well as improved procurement fees and customer relationship management.

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Jade Keval, sales director at Somo (pictured above), said: “We’re excited about this new partnership because it will give us direct access to brokers who can benefit from our products, processes and customer service [and because] we share the same vision.”

Melanie Spencer, head of payment and mortgage services at Finova, added: “We’ve been impressed by Somo’s friendly and knowledgeable team, the versatility of its products and its funding lines.

“We’re looking forward to a long-lasting working relationship that ensures our clients get what they need, when they need it.”