Solent Mortgage Services (SMS) has been confirmed as the first secured loan master broker to join Promise's Secured Loan Network.

As a result, the firm has access to the sourcing technology developed by Promise. The technology is available on various different levels from introducers up to master brokers. Promise claimed it can provide a complete sourcing system for advisers as it encompasses not only secured loans but unsecured loans, individual voluntary arrangements (IVAs) and debt management solutions as well.

Ian Balfour, sales and marketing director at SMS commented: “Having looked at the available options, Promise gives us by far the best overall solution internally and as part of the network, it is free. We are looking forward to also providing this service to our introducers, as soon as possible, as it will enable us to grow the secured loan division of our business but also control or reduce our internal costs. It is good news for us and our brokers. ”

Source: http://www.mortgagesolutions-
online.com/public/showPage.html?page=695078