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Specialist lender Bluestone Mortgages has introduced a new product aimed to assist brokers who service the self-employed and SME market.
Business Easy is aimed at borrowers who run small businesses, regardless of how long those customers have been in business.
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The product allows a small business owner to take out a mortgage that can then be drawn down to manage their working capital and is suitable to both clear credit and credit-impaired borrowers.
“Our new Business Easy product has been designed with the small business owner in mind,” Bluestone chief executive Campbell Smyth said.
“It can be difficult to get finance approved when you’ve only been in business a short time so we are helping the self-employed, companies and trusts who have been trading for less than a year, even as little as three months.”
Bluestone national sales manager Royden D’Vaz said Business Easy is filling a void in the specialist lending market.
“Brokers have told us that they want to service this market,” he said.
“We have listened to their valuable feedback and this new product will help our brokers provide lending solutions to their clients.”
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