FIBA Advantage Online March 2023 | Page 38

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FIBA

Question : As an independent broker with a well-established lender panel , why join a network ?

JOHN KENT Brokerplan Academy Managing Director
An insight from John Kent , MD of the Brokerplan Academy .
The Brokerplan programme was launched by the White Rose Finance Group in 2014 with the intention of attracting brokers to operate as Appointed Representatives ( ARs ). Almost ten years on and with around 150 network partners the Brokerplan Academy is attracting many existing brokers who have recognised the benefits of being part of a network .
The main aim that brokers have when approaching us is to do more business and there are many ways in which we can help them succeed . We can deal with the boring stuff such as the relevant FCA authorisation , remove the burden of compliance while providing access to a receptive lender panel across all products and tiers . Lenders are increasingly selective in who they will support and often require minimum business levels which are more easily deliverable with 150 + brokers .
In recent years we have invested in technology such as the Brokerplan Lender Hub which allows partners early stage deal assessment and produces indicative terms from minimal information . This can be a game changer by avoiding missing out on potentially lucrative deals or losing clients to other brokers . Additional support is provided by an experienced team of relationship managers able to structure deals , offer guidance and business development support .
Education is the current buzzword in the sector and this is an area in which the Brokerplan Academy excels via the LIBF accredited Brokerplan Academy Learning Hub . Training is delivered via a blended series of online e-learning modules combined with a 3 day face to face course designed to help any brokerage reach its full potential .
“ Professional finance brokers want to ensure their clients receive the best advice and funding solutions available from across the market ,” said John Somerville , Head of Financial Services at LIBF . We are delighted to be able to endorse this exceptional learning and development plan .”
Best broker network bar none !
Having previous experience of a broker network I can positively say that Brokerplan is by far the best . I can ’ t praise them enough for the time and effort they have put into the course .
Rob Partridge – Synergi Finance