Finance firms unite in new partnership
Leicester-based financial advisor, WBR Group, has forged a partnership with Commercial Space Sense, a commercial finance brokerage, to broaden the lending services offered by WBR to advisors and its clients.
As traditional bank lending criteria remain strict, SSAS offers an alternative financing option for firms looking to grow or buy commercial property.
The partnership also brings Commercial Sense’s experience in various commercial finance areas, providing quick responses and clear information within 48 hours through direct relationships with lenders.
David Santaney, chief commercial officer at WBR Group said: “We continue to evolve the proposition we offer to advisers and their clients and we are delighted to have partnered with Commercial Sense to offer these new services to our clients.
“Looking for the right lender is time consuming, and when there is a delay there is a danger that the desired property can be lost. Through Commercial Sense’s intimate knowledge of the sector, we will be able to offer clients a very quick indication as to whether an outline proposal will be viable. We can then support the transaction from start to finish, helping clients right through the process. Lenders’ criteria are forever changing so this additional layer of expertise enhances our offering as leaders in the SSAS field.”
David Whitehead, appointed representative at Commercial Sense said: “Finding a bank willing to lend to a SSAS can be very difficult for clients. We have access to over 20 lenders that have an appetite to lend to pension schemes and so the client only has to share details of their plans once and then we go out to those lenders we believe can support, thus saving the client precious time.”
