Having been a member of the Financial Intermediary and Broker Association’s (FIBA’s) lender panel for over year, Reward Finance Group is delighted to have been invited to join the newly launched FIBA Specialist Property Finance Club from SimplyBiz.
SimplyBiz Mortgages has partnered with FIBA to introduce this new specialist finance club, which offers advisers and brokers access to a full range of commercial lending products, including bridging loans, development finance, commercial mortgages and specialist BTL.
Reward is one of 12 lenders in the club, which aims to make it easier for both SimplyBiz Mortgages and FIBA members to access specialist property finance products.
Martin Reynolds, CEO at SimplyBiz Mortgages, said: “As many firms have taken the opportunity to diversify over the past 12 momentous months, we are excited to bring a unique opportunity to market, through our relationship with sister association, FIBA.
“While some of the lenders that are part of the launch of the club will be familiar to our members, others could potentially be new, and therefore offer fresh and innovative solutions.”
According to Adam Tyler, Executive Chairman at FIBA, the interest in specialist property finance has been one of the main drivers in the association’s membership doubling in 2020.
“The demand across the SimplyBiz Mortgages membership for access to the lender partners at FIBA has meant that the creation of the Specialist Property Finance Club was important at a time when there has been such a growing interest in the sector,” Adam highlighted.
“This new innovation from SimplyBiz Mortgages and FIBA has been embraced by the launch lenders, with the ability for a wider intermediary community to introduce new customers supported by specialists in the commercial sector.”
Nick Smith, Group Managing Director of Reward Finance Group, said “We are delighted to be a founder lender of the FIBA Specialist Property Finance Club from SimplyBiz. We look forward to reaching out to a wider group of intermediaries via this club and working with them to provide financial support to even more SMEs in the UK.”