Second ChargeSecured LoansUncategorised

Clever Lending in drive for second charges

Master broker Clever Lending has realigned business processes to continue its drive in the seconds charge market with a focus on new DIP forms, improved technology and faster response times.

Recent FLA figures show a new business lending levels averaging around £83m per month over 2017. And the quality of advice has improved too, with only 10.4% of cases entering into arrears in November 2017.

Sonny Gosai, head of specialist lending, will head up the drive for second charges.

He said: “There are still further opportunities with seconds that the sector can make the most of, and Clever are at the forefront of these.

“We continue to build lender relations and offer the latest products and Clever exclusives to our brokers.

“The market is growing and we’ll definitely be increasing our market share in 2018. I’ll be continuing to ensure Clever are at the forefront of the second charge sector and capitalising on new ways of working to make that happen.

“Brokers need confidence when passing a case to a master broker; we are here to provide the right solution and make the process as smooth and encouraging as possible. More efforts are being placed with the training of all the staff in Clever Lending to further drive our business forward.”

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