A Finance Broker is a company that match customers up with loans from a panel of lenders, most finance brokers specialise in unsecured loans, secured loans, mortgages or remortgages.
Finance Brokers work with clients to determine their borrowing needs and ability, select a loan suited to their circumstances and manage the process through to settlement. A finance broker will work through any finance application and help the customer with the legal process of arranging finance.
Finance brokers can only offer loans from the lenders they are accredited with. They call this their panel of lenders. Lenders will normally range from the large banks through to specialist non-bank lenders and mortgage managers. The size of a panel of lenders will vary from broker to broker. You can ask to view your broker’s panel.
Finance Brokers
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