Member Article

Shawbrook bank fosters financial services partners

An alternative business lending programme from Shawbrook Bank has selected 18 brokers for its Strategic Partner programme.

The Essex-based bank offers loans to creditworthy small businesses as a different route to borrowing from traditional banks.

Business loans are distributed through brokers rather than a branch network to improve speed and efficiency of lending.

The Strategic Partnership scheme will create a network of commercial mortgage brokers and will reward the highest achieving members as they convert business loan applications to successful completions.

Hertfordshire financial services firm Charleston is among those accepted onto the programme, and is the only firm in its region to join the brokers scheme.

James Hardwick from Charleston Financial said: “It is refreshing in the current market to have a strong relationship such as the one we have with Shawbrook who are continuously working to improve both their customer offering by supporting and working with brokers.

“As a strategic partner we are now able to offer our customers a streamlined and efficient mortgage process and at the same time reward our introducers for choosing Charleston Financial to package their Shawbrook cases.”

Managing Director of Commercial Lending at Shawbrook Bank,Stephen Johnson, commented: “Brokers are a lynchpin in our business and we value their knowledge and market expertise.

“For our brokers and for Shawbrook, efficiency is key to completing deals and we launched the Strategic Partner programme to recognise and encourage the highest quality of business.

“We remain committed to working with all of our brokers and intermediaries to provide straightforward, no-nonsense banking to businesses and individuals
in the UK.”

This was posted in Bdaily's Members' News section by Miranda Dobson .