Leading aggregator Vow Financial has partner with a fintech platform to help brokers tackle the growing commercial lending space.
The partnership with Valiant Finance was officially launched at the Vow Commercial Conference last week, with the aggregator claiming it will help provide small business lending solutions to its brokers.
Launched in November 2015, Valiant Finance is a comparison website which compares and matches business loans, debtor finance and equipment finance to small businesses.
Alex Molloy, CEO of Valiant, said it will give Vow brokers back valuable time.
“The challenge for brokers is that serving customers in the short term funding space takes a disproportionate amount of time – and for hard-to-fund customers, it is often difficult to find a market-winning solution,” he said.
“With this partnership, Vow brokers can now see in minutes whether their clients would be eligible for a wide range of short-term secured and unsecured loans. The speed and efficiency of the marketplace platform should prove an immediate fit for the brokers looking for working capital, equipment finance, and debtor finance solutions.”
Tim Brown, CEO – Lending of Yellow Brick Road Group, said that with so many short-term business funders entering the market, an aggregator like Valiant was the perfect partner to be able to offer the SME products through to the network.
“Valiant has an innovative platform that does not exist in the market right now. Everybody wins when there is a strong match between a borrower and lender,” Brown said.
“The platform will save time for Vow finance brokers and their clients, as well as minimise the risk and anxiety of loan rejection.”