SoMo launches early Black Friday event
Peer-to-peer bridging lender SoMo has announced a one-day-only Black Friday event on Friday 18 November, which gives borrowers a 90 per cent refund on valuation costs.
SoMo’s Black Friday event is designed to give back to the borrower, support brokers in getting deals over the line and create repeat business.
The 90 per cent off valuation costs always results in one of its busiest days of the year, SoMO said.
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To qualify, deals must be locked in and paid for before midnight on Friday 18 November and valuations paid by Wednesday 30 November.
SoMo has grown by 20 per cent over the last year and has increased its team by 58 per cent to support business growth and ensure high levels of service are maintained.
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“We understand the broker–borrower relationship and how flash discounts like this can both help brokers and galvanise the market”, SoMo sales director Jade Keval said.
“Our Black Friday event is one of many promotions we use to support brokers, but this one is always our most popular! Last year, we locked in a record number of deals within a 24-hour window, without compromising the high-quality client service of SoMo, which is always our top priority.
“Somo is renowned for creating promotions that put borrowers at the centre. In addition, we’re fast becoming known for being a lender that gets the deal done. We complete so much more than our competitors – 21 per cent on average – and this has formed the basis of a whole new proposition – ‘The Lender That Completes’.”
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