New lender added to Promise panel

Evolution has a number of products available; it will look to grant credit to customers who have light adverse unsecured and/or secured credit, will take a third charge and will accept up to 125% LTV.

Steve Walker, managing director at Promise, said: "This is an important addition to our panel and we continue to offer our introducers a significantly wider panel than they will find elsewhere.

“Evolution Money fits very well by offering smaller loans at lower rates with higher LTVs. Evolution also takes a very generous approach to borrowers who may have had credit problems in the past but can demonstrate a good recent track record.

“We want to give our brokers every opportunity to better serve their clients and generate extra commission income.”

Mat Beaver, managing director at Evolution Money, added, "We are particularly pleased with this partnership.

“Promise is the leading provider of loan technology and secured loans to the UK's mortgage intermediary sector and mortgage brokers can now give their clients direct access to our products through Promise.”