"The commercial finance industry is crying out for truly independent, professionally brokered, compliant solutions"
Five brokers in Just Mortgages’ self-employed division will now be trading as commercial brokers via a partnership with commercial broker Fiducia.
Just Mortgages will identify the client and remain their point of contact throughout, with Fiducia dealing with sourcing, processing and paperwork.
Currently, Just Mortgages brokers are referring commercial cases onto Fiducia, but from this week Just Mortgages will be able to retain any commercial mortgage clients.
If the commercial broker advice service proves popular with customers and brokers, Just Mortgages says it will train further self-employed brokers and look to recruit those already advising on commercial mortgages.
Carl Parker, head of the Just Mortgages self-employed division, said: "Fiducia is a leading commercial broker with a great offering, including for high-value lending packages for businesses and through this partnership, we can add another string to our bow.
“We are keen to train up brokers already working with us but from a recruitment point of view, are confident that, through this partnership, we will attract self-employed commercial brokers already working in this area.”
Marcus Grimshaw, CEO of Fiducia, added: “The commercial finance industry is crying out for truly independent, professionally brokered, compliant solutions, critically with the client at the heart of everything we do.
“This ethos and the desire to help fund UK business is shared between both our firms. I know this will be a powerful partnership with great benefits to business owners around the UK.”