Pink Pig Loans and Borro sign distribution agreement

Cardiff-based Pink Pig Loans developed a proposition designed to provide secured loan and short term lending products and services to the intermediary channel.

James Rainbird, managing director at Pink Pig, said Borro’s service will appeal to introducers looking for a new avenue to help clients raise funds for immediate personal or business needs.

He said “Borro has extended the value that short term lending can bring to intermediary clients. At a time where funding to businesses and individuals is so restricted, Borro’s proposition, based on securing advances against personal assets, really comes into its own. Borro can be a real business generator for brokers.”

Claire Gates, managing director at Borro, added: “We are delighted that Pink Pig Loans wants to work closely with us. As a specialist secured loan and bridging provider Pink Pig Loans has already built a reputation for its specialist knowledge and service to brokers and we are looking forward to working with James and his team to expand the service he is already offering.”