The Benefits of using a Finance Broker vs Banks

Why use a broker when you can go direct to a bank? The answer is, why wouldn’t you use a broker?  Using a broker can save you a lot of time, stress and money! There has never been a more important time to use a broker as banks are tightening their lending criteria more than ever before.

Here are just a few of the benefits of using a broker vs. dealing directly with a lender.

1. Access to our extensive network of lenders

We can compare hundreds of products from dozens of different lenders – we don’t just have access to one lender’s products. If your clients current lender doesn’t have the most suitable product for their personal circumstances, then we move on to the next. With over 20 lenders on our panel and hundreds of products to choose from, we are sure to find a product that will be the most suitable for your clients current circumstances and objectives.

2. We’re on your side

We want the best possible outcome for your clients, whether it’s to save interest or provide them with a loan that’s flexible and fits their lifestyle. We can use our relationship with the lenders to help get a better deal, while also using our knowledge and expertise to source the right products rather than giving the most popular product.  Remember, when you go direct to a lender, they are ONLY going to recommend their products – we look at the current lender’s products and compare them with a wide range of products available in the market.  This creates competition for the lenders and means they have to work harder to retain business.

3. Use our industry knowledge and expertise to keep your finger on the pulse

The dedicated team at Launch Finance are committed to delivering first class service, trustworthy advice, and the right loan for you every single time.  Combined with our extensive industry experience and our commitment to staying abreast of market trends and regulatory change, we will not only source the right product for you, but we will also keep you informed and up to date throughout the life of your loan. So, if your circumstances change, or your lender makes policy changes that could affect you, we will be in touch to advise you of a more suitable option before it’s too late.

If your client is considering taking out a loan or would like to simply review their current finances, tell them to get in touch with us today and we can save them some time, money and stress.