Air Group has announced the launch of a new product relationship with over-55s credit broker, free2.

The move means adviser members of Air Group who have their credit broking permissions will be able to access an unsecured loan arranged by free2.

Air Group suggested the new relationship would add a further product to its members’ toolkit and be particularly useful for customers who may need short-term finance, who have first-charge mortgages they want to keep in place, or if their property fails later life loan underwriting.

The later life services platform also confirmed that advisers recommending the free2 product will be able to access a quick decision-in-principle (DIP) process and clients can normally receive the money in a matter of days from the initial enquiry.

“Air Group are evolving into the next phase of adviser needs and this is about having the most appropriate products to solve customers’ various needs and challenges,” commented Air Group CEO, Stuart Wilson.

“We have been impressed by free2 and its unsecured loan product offering as it meets specific needs for consumers and the process for advisers to expand this product into their portfolio will be straightforward. We believe the relationship with free2 will enhance advisers’ consumer offering to set them apart from their competitors.”

free2 chief distribution officer, Jason Sparrow, added: “We needed an advice-driven approach and the Air Group’s adviser members provide us with the best fit for the increased level of support we will be offering over-55s as they make important life decisions.

“Our mission is to help over-55s make better financial choices and we believe this partnership will help more people reach their goals and achieve their dreams.”

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