Ezbob continues to grow as brokers get a taste for online lending
By Bridging Loan Directory -
Ezbob, the online short term commercial SME lender, has announced that its soft launch to intermediaries has exceeded expectations, as it continues to develop its unique online offering and further enhance its process.
Already a patron of the NACFB, ezbob is exhibiting at the NACFB Expo in Birmingham on the 25th June, as well as sponsoring the pre Expo drinks party on the evening before.
In May, the lender approved 350 new loans as the word began to spread among intermediaries, commercial specialists and mortgage brokers about the availability of a source of unsecured short term business funding, which can be agreed and completed within hours of online application.
According to Director, Sharone Perlstein, the main attraction for brokers has been twofold.
He said, “Primarily, brokers have been amazed at how easy and hassle free the process is. At a time when they and their clients are finding it extremely difficult to find the liquidity they need from traditional sources, even those that they do approach have made the process of application into an obstacle course. Ezbob’s simple 10 minute online loan application process is coming as something of a revelation. On top of that, the decision making is happening on the same day as is the funds drawdown in most cases.”
He added “ I am looking forward to meeting new brokers at the NACFB Expo and demonstrating how we can help them and their clients draw down funding quickly and with the minimum of hassle.”
Phillip Evans, Principal at commercial finance specialist Enable Finance, commented, “We have been delighted to find there is a lender to whom we can turn when business clients need immediate funding. Ezbob delivers exactly what it promises. We have done our fastest £50,000 business loan ever with ezbob. It took just hours from submission to funds ready for draw down. Online lending like this is definitely the way forward.”