The digital platform for Brokers
Smart tech for brokers.
Advanced finance-matching and deal flow management.
Smart tech for brokers.
What you need to know
Signing up to Swoop for Brokers will give you whole of market access to funders – as well as grants and equity investors – with a comprehensive list of products to offer your clients.
Our portal is designed to take away the pain of scouring through hundreds of lenders and is built with speed, simplicity and security in mind, meaning you can close more deals in less time.Â
Access a huge range of financial products including:
- Commercial mortgages
- Unsecured business loans
- Asset finance
- Bridging loans
- Secured loans
- Invoice finance
- Working capital loans
- Credit lines
- Property development finance
- Merchant cash advance
- Equity
- Grants
Benefits
Swoop’s technology empowers Brokers with market-leading features:
- Earn commission on over 500 funding products with one smart onboarding system
- Access deals exclusive to Swoop such as unsecured loans of up to $5 million
- Advanced technology matches with lenders across our vast marketplace
- Access bank and accounting integrations to streamline funding applications direct to funders
- Automatic smart document collection
- Get comprehensive compliance and technical support
- Coming very soon… equity and grants
FAQs
Does Swoop for Brokers offer support and training?
Swoop for Brokers will provide full training on how to use the platform, as well as an educational session around the different products and lenders available via the platform. Swoop for Brokers will provide any additional and ongoing training as needed.Â
Each broker will get a dedicated account manager to support with any technical issues, general queries and feedback.Â
Does Swoop for Brokers cover my compliance under the FCA?
The Swoop for Brokers platform has been developed so that brokers can prepare and submit deals to lenders in such a way that no Appointed Representative status is required for the FCA.Â
However, we know some brokers would prefer Appointed Representative status and we are happy to provide this under Swoop’s FCA licence.
Does Swoop for Brokers provide indemnity insurance?
Swoop for Brokers can provide indemnity insurance to brokers who are using the platform. Please speak to a sales representative or register your interest to learn more.
What packages are available?
We know that all brokers have different needs. With this in mind Swoop for Brokers has created the following packages:
| Tech package | Access to the tech platform to allow client onboarding, bank and accountancy integrations, whole of market access, deal tracking, dynamic applications and deal submission. You'll also receive ongoing training and support from Swoop's specialist broker team. |
| Tech + white label (own branded site) | Tech package + own branding on all client-facing software. A white label site enables the broker or brokerage to onboard clients with Swoop’s smart onboarding. |
What products does Swoop for Brokers cover?
Swoop offers the widest range of products in the market, including:
- Commercial mortgages
- Unsecured business loans
- Asset finance
- Bridging loans
- Secured loans
- Invoice finance
- Working capital loans
- Credit lines
- Property development finance
- Merchant cash advance
- EquityÂ
- Grants
- R&D tax credits
Why choose Swoop for Brokers?
We offer a full tech solution which reduces the hours of admin work spent;Â
- finding the right lender,Â
- chasing the client for documents,Â
- submitting to individual lenders via a manual process.Â
We cover the full range of debt products but unlike any other provider we can help your clients find equity investment or apply for a business grant.
Swoop for Brokers covers all the compliance hassle and can provide Appointed Representative status if required.
Competitively priced versus competitors.
Product-related FAQs
How to add clients
- A) Manually
- Onboard your client and immediately start looking for funding on their behalf
- B) Invite client
- Invite your client to describe their funding requirement, then instantly see their input within their client profile.
Find matches
By describing your client’s requirements, our smart matching algorithm will suggest the most appropriate funding matches across debt, equity and grants.
Collect client documents
- Advanced document generation via accountancy software and open banking integrations
- No more email. Request documents from your client using secure one-use links, with documents being uploaded directly into their client profile for you to access.
Complete application form
- Complete our pre-filled application form within the app - no need for printouts
- No more double and triple entry - our application form re-uses your input in subsequent applications to save you time and effort.
Submit to Swoop
When you Submit to underwriting, we will handle the submission and update you on the progress.
