The Financial Intermediary & Broker Association has appointed Lloyds Bank to its lender panel.
The broker body says the partnership will offer its members access to support from the lender across a range of areas, with dedicated sector teams focused on term lending, healthcare, trading, and real estate.
It adds that the service provision includes commercial mortgages, residential and commercial investment, development finance, and niche goodwill lending for dental practices and pharmacies.
The agreement will also offer Fiba members access to a range of other finance options including invoice finance, asset finance, and merchant services product solutions.
Fiba chair Martin Reynolds says: “The introduction of Lloyds Bank’s business and commercial services offers our members new opportunities and ways of further supporting their clients across defined business areas.
“As a well-known and trusted name across the financial markets, its team is committed to the provision of service and support for intermediaries in commercial markets, and we know they will offer opportunities for brokers who are keen to engage in support of their client’s aspirations. “
Lloyds Banking Group head of business & commercial intermediaries adds: “We are committed to funding the growth of small- and medium-sized enterprises and supporting housing in the UK.
“Our dedicated team of business development managers will provide Fiba members with specialist knowledge and support across the real estate, healthcare and trading sectors and all parts of the country.”
