Pink Home Loans and Inter-Alliance have formed a strategic partnership giving the network's members full access to Pink Home Loans mortgage club.
The club has a panel of 42 lenders and offers 24-hour payment of commission, access to a legal services provider, a range of secured and unsecured loans and self-build loans.
Inter-Alliance mortgage development director Stuart Wilson says the deal fits in with the firm's mortgage and general insurance network, launched in February.
Pink Home Loans managing director Tony Jones says the company's mortgage club grew threefold during 2003 and the majority of business is now sent directly to the member. He says the partnership will give Inter-Alliance members full access to the club's range of products and services, including the direct lending panel and Pink's range of branded products.
Wilson says: “Inter-Alliance is already well on the road to having one of the biggest networks in the industry. As a true whole-market proposition, we will continue to build solid working relationships with companies such as Pink which has demonstrated its ability to add real value to advisers and their business plans.”