Ingard’s 90 appointed representatives will now be able to access borro’s proposition, offering short-term loans backed by high-value personal assets rather than property.

Paul Aitken, chief executive at borro, said: “We are delighted to join Ingard’s lending panel. We believe that our offering will find favour with its advisers because we provide a unique means for their clients to raise funds quickly for any purpose.”

Nikki Haworth, sales and marketing director at Ingard, said: “We are always looking for different funding alternatives for our advisers and borro certainly provides a wholly new way to help their clients raise funds.”