Market Financial Solutions (MFS) has agreed a new partnership with Twenty7Tec.
Launched in 2014, Twenty7Tec’s CloudTwenty7 platform is used by intermediaries to cover mortgages, bridging finance and secured loans.
MFS said it has partnered with Twenty7Tec to provide more brokers with access its specialist finance products via the SOURCE module.
Powered by CloudTwenty7, SOURCE is a search engine for mortgage, equity release, secured and bridging loan products which analyses product, criteria and lender affordability in order to determine the most appropriate product recommendation.
MFS has listed on CloudTwenty7 to support its further expansion having seen growth in its staff numbers by more than 40% since the start of 2021. The lender has also secured three new funding lines this year worth a combined £400m.
“We are delighted to partner with Twenty7Tec and its SOURCE solution via the CloudTwenty7 platform,” said MFS CEO, Paresh Raja. “We’ve enjoyed a great 12 months and have grown at pace, but we’re always looking for ways to expand and improve our offering.
“Signing up to SOURCE will ensure more brokers are able to find out about MFS’ industry-leading bridging products. What’s more, it will ensure the intermediaries we already work with can access MFS’ loan options through an innovative, easy-to-use tech platform.”
Twenty7Tec head of lender relationships, Nathan Reilly, added: “We’re committed to making the mortgage research and subsequent submission process as efficient as possible for CloudTwenty7 users.
“A big part of this is regularly adding new lenders, like MFS, to our SOURCE module so advisers can identify the best options for their customers across a comprehensive range of mainstream and specialist lenders.”
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