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Loan Brokers - so what is a Loans Broker?

An explanation of what a loan broker is and the role they play in your loan
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Loan brokers - what is a loans broker?

A loans broker is a person or company that deals with lenders on behalf of the client.

Usually a loans broker will have established relationships with a selection of lenders so that when someone enquires about a loan the broker can check with all their lenders to find the best deal for the client.

Usually loan brokers are independent, meaning that they have the client's best interests at heart and will be able to use their range of loan lenders to provide the client with the right deal for them (which may mean a low APR, low monthly repayment or short repayment period). An independent loan broker is not tied to a particular lender and is therefore in a better position to help you find the best deal.

When you apply on our site, we send your details to 1 or more independent loans brokers who we believe are best suited according to the details you have entered on our free, no obligation enquiry form.

Client -> Our Website -> LOAN BROKERS -> Lenders

If you do decide to proceed with a loan with our independant loan brokers, they will handle all the paperwork for you and complete all the forms that will be sent to the lender. The lender is the company who will actually provide you with the money at the end of the process.

Apply for a free loan quote from our loans brokers