Shawbrook appoints 28th commercial partner

Shawbrook appoints 28th commercial partner




Shawbrook Bank has appointed TBMC to its strategic partner panel, in an effort to increase its network of commercial lending in the UK..

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p>Shawbrook Bank has appointed TBMC to its strategic partner panel, in an effort to increase its network of commercial lending in the UK.

The Strategic Partnership programme, which has now increased to 28 members, was launched back in September 2012 with 18 industry brokers.

The partners receive exclusive process and marketing benefits, alongside higher commission rates due to a lower application processing cost.

The addition to the panel is another example of Shawbrook’s long term commitment to the intermediary market, attributing recent surges in lending to its broker relationships.

Speaking on the announcement, Karen Bennett, Director of Sales and Marketing, Commercial Mortgages at Shawbrook Bank, said: “We are pleased to confirm the addition of TBMC to our Strategic Partner panel for term loans. We have dealt with Andy and his team for many years and it is great to see how the business has survived the tough climate through their determination, and commitment to deliver for their introducers. The approach has clearly paid off, and TBMC is now starting to build real volumes within the specialist BTL and commercial markets”.

Speaking on TBMC’s addition to the panel, Andy Young, CEO at TBMC, said: “We are delighted to be a Strategic Partner of Shawbrook Bank, which has an innovative approach to buy-to-let and commercial lending, particularly in niche segments of the market.

“Shawbrook’s buy-to-let range is a great addition to TBMC’s product offering, providing an additional avenue for landlords, especially professionals and those with HMOs or using limited companies.

“We have an excellent relationship with Shawbrook and its flexible approach to lending will be welcomed by TBMC’s extensive network of business introducers.”

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