Property finance market Brickflow has launched an embedded finance resolution for business property finance brokers.
Brokers can plug Brickflow’s white label product – known as Brickflow Enterprise – into their very own or a accomplice’s web site and join with greater than 80 lenders in below 60 seconds.
Of those 80 lenders, 40 present growth finance, whereas Brickflow Enterprise prospects even have unique entry to bridging loans from over 40 lenders. Entry to bridging finance for non-Enterprise customers will comply with by the tip of the yr.
Brickflow Enterprise can be added to public sale and agent websites to hurry up the method of discovering growth finance.
Greater than 120 brokerages already use the Brickflow platform and over 20 per cent have signed as much as Brickflow Enterprise. It’s utilized by On The Market, Nimbus Maps and The Land Website, and endorsed by trade associations The Nationwide Affiliation of Industrial Finance Brokers and The Monetary Middleman and Dealer Affiliation.
“Embedded finance is an idea we use in day by day life; assume E-wallets like PayPal or Klarna, Shopify or buying insurance coverage alongside services or products,” mentioned Brickflow founder and chief govt Ian Humphreys.
“Forbes says embedded finance is ‘the dominant development in fintech in 2023’ and OpenPayed predicts the worldwide market will probably be price $7.2trn (£5.6trn) by 2030.
Learn extra: CrowdProperty agrees mortgage through Brickflow’s new DIP dealer product
“Now we’ve introduced embedded finance to the CRE market, placing purchasers on the forefront of the digital finance market. And by white-labelling our resolution, brokers and their companions may give prospects an easy-to-use comparability platform, improve their expertise, obtain extra certified leads and spend much less time on administration.
“The know-how is there, and the overwhelming suggestions we get from brokers and their prospects is that this can be a huge step ahead for them and their companies. Basically, brokers now have the possibility to go digital in a single day.”
Learn extra: Brickflow companions with map service to assist builders discover websites