Tim Basford

New SME debt finance platform for commercial brokers launches



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Code Investing has launched an SME debt finance platform for commercial finance brokers and intermediaries.

The alternative debt finance marketplace’s broker portal will provide instant indicative decisions on loans between £500,000 and £5m.

It will also present lenders with applications that match their exact credit policies and eligibility criteria.

A single point of contact for brokers — who are looking to secure loans from a range of lenders which are actively providing finance to SME businesses — is also established via the portal.

Intermediaries will be able to immediately see if their clients’ needs are a good fit for the policies and criteria of a panel of lenders.

“Our new broker portal is unique for finance up to £5m in that it provides brokers and intermediaries with easy access to a panel of lenders and instant decisions on whether or not their clients would be eligible for a loan,” said Tim Basford, COO at Code Investing.

David Totney, managing director at Liquidity Club, added: “Code Investing’s new broker portal doesn’t just deliver instant indicative decisions, it also fills a critical gap in the market.”

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