Clever Lending ready for MCD as they are granted FCA credit permissions

18 March 2016

Clever Lending, the master broker, has announced that it is fully ready for the new MCD regulation as systems and procedures are all working to the required standards.

The senior management and staff at Clever Lending have worked tirelessly in the last twelve months to get the business ready for the MCD regulatory changes and the recent granting of permissions by the FCA adds real value and credibility to the company. Lenders and brokers have a trustworthy, reliable and fully compliant partner to place cases with and develop their loans business.

Sam Kirtikar, Managing Director at Clever Lending, commented: “With our MCD procedures and processes up and running, Clever are keen to continue to work closely with lender and broker partners to ensure business opportunities are explored and we work together to assist customers. This is a very exciting time for the loans industry and I’m delighted that all our hard work has put us in a terrific position for future growth.

“I am also proud of the team at Clever Lending who have done so much good work to achieve the credit permissions from the FCA and this will allow us to continue to grow and develop the business according to our strategic objectives. The permissions will also provide opportunities for us to help more brokers and their clients across a greater spectrum of financial solutions to achieve their desired outcomes.”