The official launch of a new secured loans panel has seen Huddersfield-based SimplyBiz Mortgages team up with Solihull-based Paragon Personal Finance, meaning that every member of the SimplyBiz Group will now be able submit directly to Paragon rather than only through the brokers.
Members will also now have access to the full range of Paragon products with a wide portfolio including two, three and five-year fixed rates, which falls in line with the SimplyBiz company initiative to have a continued drive to offer an improved and larger range of services to its members.
“Creating a viable secured loans panel has been one of our goals this year post the mortgage credit directive (MCD) and we are delighted that Paragon have joined our other lenders in offering member direct access” commented Martin Reynolds, the chief executive of SimplyBiz. “Its proposition will offer members greater opportunity to help their clients. The secured loans market will continue to develop and change and we will ensure our members share in that opportunity.”
This move will see two ambitious companies with similair aims coming together to provide a better service for their members and clients, and as a new team that is launching this secured loans panel both businesses will be helping each other to step it up a level within their sector.
“We are proud to be partnering with SimplyBiz Mortgages to bring our products to an ever greater number of people” commented John Webb, a director at Paragon Personal Finance. “Like Paragon Personal Finance, SimplyBiz Mortgages are committed to the highest standards of quality and customer care, and we are looking forward to a successful relationship.”
We can be sure that this announcement is very positive for both companies involved, and maybe we will see more businesses within this sector teaming up to follow suit in the near future.