Rainbow Finance was born in 1997 as a finance brokerage to arrange car loans for Motortraders. Within 3 months the success of our business forced us to move into new offices.
The Car Finance Story
Our initial aim was to help all types of customers with either good or poor credit history and to source the right car finance package for their needs. A number of good lenders was sourced to provide our customers with the finance choices for their requirements. Setting up initially serving Motor Dealers it was quickly expanded to utilise the internet to provide a wider service to the whole of the UK. Today Rainbow has continued this trend offering a service second to none.
The Personal Loan Story
Within 18 months of the Rainbow era we started our personal loan department. With on-line marketing and some excellent Lending partners behind us we created a Loan place for both Prime and Non prime people. Our on-line proposal system helps customers to apply live on-line and complete their application within minutes, allowing Rainbow to source the most competitive Loan product available to them on the market.
The Mortgage Story
The beginning of the millennium (Year 2000) saw the Launch of our Mortgage Brokerage. With an experienced team we ventured on creating a place for customers to gain access to every mortgage product available on the UK market. By using a professional sourcing system we can search on-line the correct product for each individual customer. Our task was to save our clients the time and money searching for their mortgage. Rainbow is not tied to any agents or lenders.
Personal Loan
Rainbow started its Insurance department to run alongside its Mortgage one in order to assist its customers with Insurance cover. Our product list includes Non-regulated Life Insurance, Critical Illness cover, Buildings and Contents and Travel Insurance. Rainbow again uses a sourcing system to search the top insurers in the country for the most competitive quote for the client. Mid to Late 2003 will see the development of our online quoting system allowing customers to search, accept and activate immediately.
