The lenders from the secured loan industry, in association with master broker, Loans Warehouse, are collectively launching the biggest ever secured loan giveaway by launching a Christmas competition designed to drive secured loan business and rival the pre-credit crunch days.
Matt Tristram, joint managing director, said: “We are introducing this new giveaway to brokers in a bid to really push for secured loans awareness and demonstrate that the sustainable growth the industry has observed this year is not just a passing fancy.
“I am very pleased with the success we have seen in the secured loan sector this year.
“Data from the Secured Loan Index has put lending over £30m for three months in a row and we’re steadily advancing on those 2009 levels but I want to introduce something that will really push secured loan lending in Q4 and end 2012 on a high!”
All introducers who submit ‘sold’ applications to Loans Warehouse from the beginning of this week until December 17th will be placed into a prize draw for a chance to win some amazing prizes, awarded by the industry’s secured loan lenders. The list includes the new iPad Mini, a James Bond Scaletrix, tea for two at The Ritz, a Kindle Fire and many more!
During the first 12 working days of December, Loans Warehouse will be revealing the lucky winners and their prizes on its broker website and Twitter page.
Paul Stringer, director of Norton Finance, added: “With Christmas coming up and many customers adding to existing credit card debts this is the ideal time for them to consider a secured loan to ensure their monthly commitments are manageable. With the continued restricted availability of mortgage products the flexibility of a secured loan is the ideal solution to a customers credit needs.”