<
p>Business lender Merchant Money has recently launched a new online broker portal in order to make its application process easier.
The new portal, which has been live for the past week, gives online confirmations and provides information on the lender’s basic terms, loan processes and criteria. Brokers also now have the ability to upload supporting material to the portal.
Brokers can review performance data over the term of loans and gain feedback on how they are working with Merchant Money.
The new portal has been designed to give brokers more options to work with them, after the lender discovered that numerous brokers were keen on this feature.
Merchant Money believes the new enhancement provides a slicker route for more applications to be submitted out of normal working hours.
“This is a faster way of getting information to us,” commented Jan Stefanowicz of Merchant Money, adding, “Technically, we can cut down the time on applications through to loan approval”.
“Many brokers want things more automated and almost instantaneous,” noted Danny Girnun of Merchant Money, adding that the portal brings added efficiency and effectiveness for brokers.
“This is just another handy function for brokers to have - brokers can upload applications 24/7”
Merchant Money provides cash injections in order to help business grow, with loans from £1,000 - £50,000 for terms of up to two years, including no arrangement, settlement, exit or upfront fees. Click here to see more information on the products provided by the lender.
Business lender Merchant Money has recently launched a new online broker portal in order to make its application process easier….
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