Pitch 4 Finance matches bridging, property development, commercial term loans and complex buy to let cases with a panel of 200 lenders based on criteria entered into the system.
Lenders then offer terms and pitch for the case.
Brokers can research and apply for products on the platform and will be provided with records of written correspondence and audits.
Pitch 4 Finance claims it will follow up with lenders to get responses on behalf of brokers. Its team will also run cases against products offered by providers not on the panel to give brokers market-wide access.
Brokers will be charged 0.175 per cent of the total loan balance for each case completed through the platform – equating to £175 per £100,000 transaction. This will be taken out of the broker’s proc fee.
Miranda Khadr (pictured), founder of Pitch 4 Finance, said: “Pitch 4 Finance is a technology platform that provides instant criteria matching, one-on-one support for intermediaries, real time application updates, tracking and greater exposure for intermediaries to all lenders in the market.
“We support this technology with proactive administrative support that enables cases to be processed more quickly and effectively and even check with lenders that aren’t hosted on the platform so that brokers can have absolute peace of mind that they are generating the best outcomes for their clients.”
“We look forward to working with as many brokers as possible – whether they are already active in commercial lending and looking for a way to scale their business, or if they are new to this sector and want a helping hand in making the most of the opportunities.”