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Target announces launch of new lender
Target Group has teamed up with credit broker Freedom Finance to launch BumbleBee Limited, a new unsecured lender.
Freedom will source applicants through its loan portal and package applications while Target will be responsible for post-completion primary and special servicing.
Howard Garland, CEO of BumbleBee Loans Ltd, said: “Drawing on the experience of both Target and Freedom Finance, we have been able to launch BumbleBee quickly and smoothly.
“Using their expertise, we will be able to offer our customers a competitive and skilled service right from the start, allowing us to compete with other players in the market.
“I look forward to working with both groups in the future as we grow and further strengthen our offering.”
Nicola Georgiou, Managing Director at Freedom Finance, added: “We are delighted to be involved in the launch of BumbleBee.
“This new lender will allow Freedom Finance to offer even more choice to borrowers when searching for the right loan for their personal circumstances.
“Borrowers will be able to source BumbleBee loans through the Freedom Finance website or our dedicated call centre.”
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