Frequently Asked Questions

One of our key aims is to make introducing business to us simple and easy for you, so we have taken our introducers most frequently asked questions and displayed them here to help you.

How do I become a Beech Introducer?

Easy! Either call our Introducer Support Team on FREEPHONE 0808 143 0156 or register online here. We will then arrange an appointment for your dedicated Business Development Manager to come and see you. The only documentation we need is a signed copy of your Introducer Agreement and a copy of your Consumer Credit License.

How will you update me?

You will have access to our real time online tracking system that enables you to monitor the progress of all your cases to completion. In addition you will receive emailed updates and text message notifications on each case if you prefer. Our case tracking really is simple and effective as you can see all of the processors actions on every case and a list of any items still required for completion.

How soon will I receive my commission?

You will receive your commission within 48 hours of us receiving commission funds from the lender.

Does my client have to be a homeowner?

Yes they do, as the loan is ‘secured’ against their property, however we do have other options available for your clients who are tenants - our debt management plan enables us to offer you further income opportunities from clients who are in financial difficulties who may or may not own their own home.

How much can my client borrow?

Secured loans can be arranged from £5,000 to £250,000 or even more in some cases.

How do I submit my client’s loan application?

Once you are a registered Beech Introducer you can login and submit your clients’ application online straight away.

What happens to my clients details?

The information you provide will be used for credit checking and assessment by an underwriter in connection with your application. Your applications are treated in the strictest confidence and in accordance with the Data Protection Act.

Can I submit an application for a homeowner loan even if my client is self-employed?

Yes, we welcome applications from self-employed people even if it is difficult for them to prove their income.

What if my clients have County Court Judgments or Defaults?

Don’t worry! We have lenders that specialise in helping people who wouldn’t normally be able to obtain finance.

How long will it take for my client to receive their money?

Once the application has been provisionally accepted, the clients will receive an offer pack that contains documents that they need to sign. At this stage they may be asked to provide additional information, such as proof of earnings and/or residence and identity. In some cases consideration periods apply. Once all of the clients' details have been satisfactorily verified, if needed information is requested from their current mortgage lender and a valuation is requested if required. As soon as our dedicated team of loan processors have all the info they need the case is sent to the lender for payout. Once the case has completed payment is made to the client and of course to you.

What happens if my client loses their job?

For peace of mind and security we can provide your client with a Payment Protection Policy. The policy provides help with your clients' loan repayments in the event of sickness, redundancy and other misfortune. We will compliantly and professionally offer this product to your client on your behalf if you want us to. If accepted you will receive the commission based on a loan with PPP. This is the only cross selling involved, this is regulated by the FSA and we only sell a monthly PPI product.