Positive Lending has been added to Paradigm’s panel of referral partners.
As a result, Paradigm member firms will be able to refer and introduce clients to the specialist lending packager and distributor to access a range of specialist lending and finance products.
This includes second charge mortgages, regulated and unregulated bridging, commercial and semi-commercial mortgage and development finance.
Other products include equity release and retirement interest-only mortgage, specialist residential mortgages, complex buy-to-let mortgages, and adverse and credit-impaired mortgages.
Positive Lending partners with over 120 specialist lenders in these sectors, and as a result of the new relationship with Paradigm, will share its packager-only exclusives and restricted products with introducing member firms.
Since it was established 16 years ago, Positive Lending has processed over 13,000 cases and completed more than £3bn in new business lending.
Director of mortgages at Paradigm, Richard Howes, said: "The increasing complexity, particularly within specialist lending, can sometimes make it difficult for advisers to be 100% comfortable advising and recommending in this space. Especially as these product areas shift so regularly, with large amounts of competition, and client cases which are often anything but vanilla.
"To that end, it makes sense to partner with a specialist packager and distributor in this sector, and we’re therefore very pleased to start this new relationship with Positive Lending to provide our member firms with access to an expert in its field, with huge advice experience and know-how, plus access to products and lenders that are second to none.
"We know Positive have an excellent team that can support the needs of Paradigm and our firms in this area and we’re looking forward to opening up further specialist lending options to ensure advisers can deliver excellent client outcomes."
Head of sales at Positive Lending, David Coleman, added: "We are thrilled to partner with Paradigm, expanding access to our comprehensive range of specialist lending solutions. This collaboration underscores our shared commitment to empowering brokers with innovative products, exclusive opportunities, and exceptional support to meet the diverse borrowing needs of their clients."
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