Somo, the specialist bridging and short-term finance lender, has joined the lender panel at Swoop.
The move means brokers using the Swoop Broker Suite can now source Somo’s first, second, third and equitable charge loans alongside the rest of Swoop’s lender panel, which spans high street banks and alternative lenders.
Somo lends from £27,500 to £3m, with terms from one month to three years and up to 75% LTV.
Joining Swoop puts Somo’s products in front of a wide network of brokers and advisors at the point they are sourcing finance for their clients.
Commenting on the panel addition, Somo head of networks Victoria Barnard said: “Brokers want to find the right lender quickly, and Swoop’s platform gives them a clear, efficient way to do that.
“With Swoop’s reach across brokers and advisors, joining the panel puts Somo’s products in front of more intermediaries at the point they’re sourcing, so they can see what we offer and move cases forward with confidence. It’s a natural fit with how we already work: close to the broker, and focused on getting deals done.”