finova has announced the rebrand of MCI Mortgage Club to finova Payment and Mortgage Services.

The MCI Club had grown the number of broker cases by 133% since 2018 and has more than doubled its lender panel in the last two years.

Customers of finova Payment and Mortgage Services could benefit from a single payment and processing package, which enables brokers to earn more on procurement fees, while utilising new technology. Further enhancements to the finova Payment and Mortgage Services’ proposition mean that brokers now also have the option to advise or refer to a specialist, cases relating to equity release and secured loans.

To support day-to-day operations, finova Payment and Mortgage Services’ members can also take advantage of the finova Broker Platform at a discounted price, which helps to accelerate the mortgage process.

Head of finova Payment and Mortgage Services, Melanie Spencer, commented: “Our name has changed, but the high quality of service we provide has continued. As a team, we have worked constantly in the support of brokers, growing case numbers by 133% between 2018 and 2021, and we look forward to carrying this momentum into our new venture as finova Payment and Mortgage Services.

“We have also increased lending volumes for lenders on our panel by 162% in the same period. It’s a really exciting time, with finova’s wider transformation from DPR Group, and we’re so pleased to be a part of it.”

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