Commercial offers support

Commercial First has launched a free marketing support service for its existing commercial mortgage customers.

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The lender has used its in-house team to research key business sectors relevant to its customers and produced a range of marketing material for their use.

The free service includes the design of websites and marketing material, including brochures, flyers, posters and various other direct mail material.

Commercial First continues to lend to existing customers and is actively working on a return to the broker market.

Stephen Johnson, sales and marketing director of Commercial First, said: "We still retain our key personnel in the sales, marketing, underwriting and risk functions of the business.

"We are working on a variety of funding strategies that do not rely on the securitisation markets, recognising that this model will remain unviable for some considerable time."

Steve Olejnik, head of sales for Kent-based adviser Mortgages for Business, said: "Commercial First is trying to be innovative in difficult times and this is a bold move. I wish them well in this new venture."

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