Brickflow partners with Factored to expand funding options for brokers and landlords
The digital property finance platform bolsters its panel with specialist short-term liquidity solutions and 24-hour funding.
Brickflow has partnered with rent advance specialist, Factored, to provide brokers and landlords with streamlined access to 24-hour liquidity.
Factored will join the list of professional partners featured on Brickflow’s platform, whose services are showcased to brokers and borrowers looking for additional funding solutions and other professional services.
Factored provides a cashflow tool to complement traditional property finance. Offering advances of up to £50,000, Factored specialises in smaller ticket sizes that sit alongside the larger loan options already available through Brickflow. The funding is designed primarily for landlords who receive rental income monthly but need access to funds upfront.
The cash advance can be used for a range of purposes including property refurbishment, business growth, EPC upgrades, or maintaining cashflow during refinancing. The product works particularly well alongside other types of lending, especially when landlords are waiting for a refinance to complete and need short-term liquidity to bridge the gap.
Factored advances funds within 24 hours, and the product is structured with a single transparent fee based on the advance amount. Commission is also available to introducing brokers.
Frazer Campbell, chief revenue officer at Brickflow, said: “Brickflow is committed to building out tools and funding options for brokers and borrowers. Factored introduces an innovative offering that works alongside traditional property finance and can be particularly useful for landlords managing cash flow or waiting for refinancing.”
Ben Schuldenfrei, co-founder of Factored, commented: “We’re excited to partner with Brickflow, whose presence in the UK keeps growing, and bring our rent advance solution to a wider network of brokers and landlords across the UK. Our goal is to provide fast, simple access to capital that helps property professionals keep projects moving.”
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