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Newable Finance launches intermediary partner programme

Newable Finance has launched an intermediary partner program that aims to help partners retain existing customers, attract new customers and generate additional revenue.

Newable Finance, which has offices in London, Cardiff and Manchester and offers specialist advice and access to more than 150 lenders, will present the program at the National Association of Commercial Finance Brokers (NACFB) Commercial Finance Expo. The expo will take place from Thursday 30 September at the NEC in Birmingham.

Read more: FCA writes credit intermediaries, including P2P, to check permissions

Read more: NACFB partners with Red Flag Alert to fight fraud

“We are here to support businesses across the UK and our partner intermediaries play a key role in this,” said Phil Reynolds, CEO of Newable Finance.

“Especially against the background of the past year, there has been an increasing need for companies to access financing and advice to support them in repositioning and restructuring their business for recovery, growth and long-term success.”

Newable Finance is part of Newable, which was accredited for the Recovery Loan Scheme (RLS) at the end of July.

Newable, which provides businesses with financing, professional support and office space, offers RLS loans from £25,001 to £250,000 as security for commercial or residential investment properties at rates of 10 percent per annum.

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