Somo joins Knowledge Bank to give brokers real-time access to its bridging finance criteria
Somo, the award-winning specialist bridging and short-term finance lender, has joined Knowledge Bank, the UK’s leading criteria search platform for mortgage and specialist finance intermediaries.
The move means brokers using Knowledge Bank can now search Somo’s lending criteria live, alongside hundreds of other lenders across the residential, buy-to-let, bridging and commercial markets. Intermediaries will be able to quickly check whether a case fits Somo’s classic bridging loans, second charge loans, homeowner business loans and other specialist products, without having to trawl lending guides for every enquiry.
Joining Knowledge Bank gives Somo’s criteria greater visibility among the thousands of brokers who use the platform to source specialist lending options for their clients, while giving those brokers one more route to place complex cases with confidence.
Jade Keval, chief operating officer at Somo, said: “Brokers are at the heart of everything we do, and joining Knowledge Bank is another way of making it easier for them to find us and understand where we can help. Having our criteria searchable in real time gives intermediaries another quick and convenient way to identify where a Somo solution could fit, particularly on more complex cases. It’s about making our products and criteria as accessible as possible and continuing to make bridging easier, which is exactly what our brand is built on.”
Shane Chawatama, sales director at Knowledge Bank, said: “We’re delighted to welcome Somo to the Knowledge Bank platform. Somo has built a strong reputation among brokers for taking a flexible, common-sense approach to bridging and specialist cases, and its addition gives our users another well-regarded option when they’re searching for a lender that will consider the details of a case rather than just ticking boxes. It’s exactly the kind of specialist lender our brokers tell us they want to see on the platform.”