The bonus from borro Introducer, the intermediary arm of short-term lender borro.com, is £500 on the first case where the loan is above £1000.
borro Introducer lends against customer assets, such as cars, property or other valuable items.
Paul Brett, business development director at borro Introducer, said: “Our incentive bonus is to show how serious we believe the intermediary market is to our plans.
“It was clear from talking to brokers at the Mortgage Business Expo this month that they could see the potential to be able to offer clients any purpose short-term funding, based not on a subject property, but on any asset on which we can establish a value.”
He added: “The process is quick and simple and funds can usually be advanced within 24 hours, and because the funding is not dependent on income, it is totally non status and does not require credit checks.”
