Brightstar Financial has partnered with Selina Finance to provide semi-exclusive distribution of the lender’s overdraft-style lending facilities.
Selina Finance offers pre-approved credit facilities from £25,000 to £1m where borrowers can draw and repay funds whenever they choose, without incurring additional fees or penalties and only paying interest on the amount that is outstanding.
New products from Selina Finance are not available direct to brokers, or through any network or club partnerships, but the partnership with Brightstar will mean brokers can access the proposition through the specialist distributor.
“There are so many circumstances where clients could benefit from a lending facility like the one provided by Selina Finance,” commented Brightstar head of marketing, Michelle Westley.
“It’s a really interesting proposition that can provide brokers with an incredibly useful tool in meeting the funding requirements of their clients and we’re delighted to be one of the few distributors to provide access to the broker community. Any broker who wants to learn more should get in touch with Brightstar to arrange a dedicated Zoom session about how Selina Finance could help their clients.”
Selina Finance business development manager, Gary Lomax, added: “We are really pleased to be working with Brightstar to distribute our unique proposition. Our pre-approved credit facilities can change the way brokers think about meeting the funding requirements of their clients, providing flexible, transparent and affordable solutions.”
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