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Enterprise Finance signs five-year deal with Openwork

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  • 04/02/2015
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Enterprise Finance signs five-year deal with Openwork
Openwork has selected Enterprise Finance to be its exclusive provider of secured loans and bridging finance for the next five years.

The distribution and packaging broker has been working with Openwork since 2005.

Openwork invited tenders across the industry in the fourth quarter of 2014 as part of its wider strategy to refresh its mortgage proposition at which time Enterprise Finance was chosen.

Paul Shearman, mortgage and protection proposition director at Openwork, said: “After an extensive review of the market we concluded that Enterprise Finance, with its well-rounded proposition, commitment to innovation, and fantastic relationship with our members, is still the right specialist distributor for us.

“The new contract provides surety for both parties, an important consideration given the increasing investment required ahead of forthcoming regulation. We look forward to growing our business together by delivering a market leading proposition for Openwork’s advisers and their clients”

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