Borro deal

Borro completes £590,000 regulated loan in three days




Borro has come to the aid of a Crystal Specialist Finance client by completing a £590,000 regulated loan in three business days.

The loan was secured as a first charge facility on the client’s main residence.

Borro was approached after the client had agreed to pay a deposit on a property for one of their daughters pending the sale of a business. 

However, just after the client’s daughter exchanged the business sale stalled, which left the client facing a 10-day completion deadline. 

Kris Corns, operations manager at Crystal Specialist Finance, referred the loan to Borro as he knew his introducer needed a lender who was dedicated to fast, high-quality service and who was also FCA regulated.

“I have been extremely impressed by the speed and the desire from Borro to get this case completed,” said Kris.

“Our broker turned to us for the urgent specialist help we pride ourselves on, and were extremely pleased that this was matched by the lender, especially at this time of the year.”

Claire Barrington-Jones, director of sales at Borro, added: “This is the level of service we strive to provide every day.

“Our internal processes are designed to ensure cases move quickly and our award-winning team is dedicated to making borrowing straightforward for partners and clients.”

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