Knowledge Bank has partnered with the Financial Intermediary and Broker Association (FIBA).
The partnership will provide FIBA members with access to Knowledge Bank’s criteria search system, which allows users to search for both specialist and mainstream lenders’ criteria.
Knowledge Bank will also provide FIBA members with tools to help evidence the research behind their advice, by giving a snapshot of the products available for each client at that particular point in time, based on criteria.
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This will contain the details of both the client and the broker, will be time and date stamped and can be imported straight into the broker’s CRM system.
Nicola Firth, chief executive of Knowledge Bank, said, “FIBA’s aim is to support financial intermediaries and deliver excellent products and services to their clients, which fits perfectly with our ethos.
“With the increase in specialist lending, Knowledge Bank is essential for brokers to see exactly which lenders will accept their cases.
“The searches take seconds and will help them to place more complex cases as well as their mainstream ones.”
Adam Tyler, executive chairman of FIBA, added: “Staying up-to-date on lending criteria is crucial for brokers and so we have partnered with Knowledge Bank as it has the most extensive range of criteria in the market and allows unlimited criteria to be searched at any time.”