Smart Money has undergone a strategic restructure which sees the launch of Smart Money Finance as the focal point for all unregulated business activity.
Smart Money Finance will be overseen by managing director Paul Crewe and commercial director Mike Scott.
The move will see Smart Money concentrate on all regulated business and Smart Money Finance will focus on all unregulated activity to incorporate niche products within the buy-to-let, bridging, and commercial sectors.
The aim of the restructure is to better differentiate between unregulated and regulated business offerings.
Paul Crewe, managing director at Smart Money Ltd, said: “This is a move we’ve been considering for some time as it allows us, as an overall business, to have more control and clarity over our respective offerings to the intermediary community.
“As a forward-thinking intermediary-focussed distributor, we recognise the need to evolve and the influence of regulatory directives across different areas of specialist lending.
“We have established many great relationships within the intermediary market over the years and this restructure will help ensure that intermediaries have even greater access to the most competitive and comprehensive range of regulated and unregulated loans.”