Swoop for Brokers help

The digital platform for Brokers

Smart tech for brokers.
Advanced finance-matching and deal flow management.

FAQs

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.

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.

Each broker will get a dedicated account manager to support with any technical issues, general queries and feedback.

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.

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:

Why choose Swoop for Brokers?

We offer a full tech solution which reduces the hours of admin work spent;

finding the right lender,
chasing the client for documents,
submitting to individual lenders via a manual process.

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.