The Loan Engine refers to ‘Tailored Loan Sourcing’ as a unique offering to the UK secured loan market. The quick online application incorporates technology that combines the client credit file information and personal details to produce realistic and accurate loan quotes.
The Loan Engine application benefits from using a ‘soft’ credit search so it can personalise the loan offers without harming the applicant’s credit profile. When the qualified products are displayed, the introducer can choose to either issue the loan offer documents at the click of a button or modify the loan requirements.
The online secured loan sourcing system offers loans up to 85% LTV and uses a panel of lenders including Blemain Finance, Central Trust, Nemo Personal Finance, Norton Financial Services, Prestige Finance and Shawbrook Bank.
Ryan McGrath, Operations Director of Central Loans Ltd comments:
"The Loan Engine provides introducers with an accurate sourcing tool to access the UK secured loan market. We know how precious time is for our introducers so the application is quick and accurate to manage the client’s expectations. Access to The Loan Engine is free and user friendly so we hope it will provide more opportunities and solutions for introducers and their clients."
