A digital solution has been launched to simplify commercial lending and help make it more accessible to brokers looking to diversify.
Marketplace.finance was created to educate and support professional referrers in writing and managing complex commercial loans, regardless of their previous experience.
According to co-founder and MD, Jean-Pierre Gortan, the platform is backed by 40 years of combined industry experience and helps meet the recent industry demand for greater business diversification.
“Various industry groups are pushing…mortgage brokers to overcome a range of market hurdles in order to remain relevant,” said Gortan.
“We are the first to recognise the need to act and provide brokers, and others – advisers, lawyers and accountants, for example – with a simple solution to address the fundamental change in finance lending dynamics head on.”
The commercial funding platform helps accredited referrers manage loans from initial inquiry through loan submission to lender relationship, allowing the referrer to focus on deepening existing client engagements rather than spend extensive time overseeing the logistics of the deal.
The platform has been crafted to simplify the process for the referrer without interfering in his or her relationship with the client in any way.
“We can see that upskilling of the traditional broking community is essential to extend the diversification and relevance of those referrer partners. That’s primarily why we created this simple solution, with goals of long-term partnerships,” explained co-founder and MD, Matthew Johnson.
“That vision enables us to impart proven knowledge and experience, help referrer partners to capitalise by plugging revenue gaps and creating a new service proposition in a growth market.”
The platform is now available via Marketplace.finance as well as commercial and asset finance broker aggregator, FAST.