F4B appointed as Beneficial Network distribution provider

First 4 Bridging (F4B) announced it has become a preferred specialist distribution provider for the Beneficial Network.

The new partnership will provide Beneficial Network’s advisers with access to F4B’s knowledge of lender procedures across the specialist markets and alternative routes to finance.

F4B, which suggested it has strong growth plans for 2020, arranges solutions for bridging, development finance and commercial term loans.

F4B head of sales, Steve Swyny, commented: “After initial discussions with the team at Beneficial Network, it quickly became apparent that there’s a healthy appetite throughout its network of advisers for easier access to a more comprehensive range of specialist lending solutions.

“This partnership offers an important opportunity for both our businesses to grow in the right way. We’re excited about opening up potential new revenue streams for Beneficial Network’s advisers and to arm them with the ability to service a greater proportion of their client’s lending requirements.”

The Beneficial Network is made up of 170 independent advisers authorised to provide mortgage, protection and insurance advice, and the network suggested it is looking to increase its appointed representative and directly authorised numbers in 2020.

Beneficial Network managing director, Jason McDonald, added: “This represents a great opportunity for the Beneficial Network to work with a formidable team of experts who can guide our advisers and their clients towards the best possible outcomes. I cannot wait for this partnership to start and I look forward to our journey together.”

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