As part of the venture, Cornerstone Finance has selected HH Business Finance as its exclusive partner for asset finance opportunities, which covers commercial lending and equipment finance.
On the other side, Cornerstone Finance will offer “expert support for mortgage solutions”.
The businesses said they had a “shared vision for growth and innovation” and this partnership would combine the strength of two of the UK’s “fastest growing finance specialists”.
Mark Crook, director of HH Business Finance, said: “We are delighted to put together two dynamic financial service providers with such strong reputations in the industry.”
Haydn Thomas, Cornerstone Finance Group’s CEO, said: “We are committed to making Cornerstone the most trusted network in the mortgage and protection advisory market, and this joint venture is a vote of confidence in that mission.
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“Cornerstone’s rapid growth is rooted in a model of strong relationships between advisers and clients, as well as an appetite for innovation, which means our network is supported by cutting-edge technology.
“By collaborating with HH Business Finance, we are partnering with a firm [that] shares our values and ambitions and we are bringing even more specialist expertise and connections to our clients and to theirs.”