Boomerang Lending Extends Reach with Affiliate Partner Program

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Since our loans are collateralized, there is no obligation to repay. This makes them attractive to individuals trying to close on a home for example, since there’s no impact to the customers credit standing and no credit reporting,

Denver, CO (PRWEB) December 17, 2010

Today, Boomerang Lending launched its nationwide Affiliate Partner Program. Designed to introduce the collateral loan option to more consumers and small business owners, the Affiliate Partner Program facilitates the management and commissioning of collateral loan opportunities presented by Affiliate Partners.

As Affiliate Partners, mortgage brokers, real estate agents, even pay day loan processors have an opportunity to present their clients with a new loan option. Essentially a “pawn loan,” a Boomerang Loan allows personal valuables such as fine jewelry to be used as collateral, and provides a no-credit, convenient online option to secure loans up to $200,000.

“Since our loans are collateralized, there is no obligation to repay. This makes them attractive to individuals trying to close on a home for example, since there’s no impact to the customers credit standing and no credit reporting,” said Boomerang’s CEO and founder, Todd Hills. “As a result, the program will be popular with real estate offices and industry professionals. Pay day loan organizations will also find that the program complements their 30-day loan offering because it allows their customers to secure larger loans with no payment requirement for up to 6 months. And they still benefit with a 7.5% commission on the loan.”

Boomerang Lending makes quick and secure collateral loans from $2,000 to $200,000 against fine jewelry, watches, fine art or almost any luxury item in as little as 24 hours. Applications are taken online so customers can loan themselves money from their own homes. Items ship free of charge to Boomerang Lending via FedEx insured up to $50,000 per shipment by Lloyd’s of London. Expert evaluators assess the market value of the asset and make a loan offer to the customer. If accepted, the customer has 6 months before being required to make a payment. Boomerang returns the item to the customer free of charge, again fully insured by Lloyd’s.

About Boomerang Lending
A member of the Better Business Bureau, Boomerang Lending offers short and mid-term, collateral-backed loans quickly, securely and privately at 60 percent less than traditional short-term collateralized loans. Boomerang Lending executives have 25 years experience in the collateral lending industry. Based on its experience and proprietary valuation technology, the company guarantees premium value loans for customers’ assets. Boomerang Lending provides personalized attention to its customers and maintains transparency throughout the entire loan process. For more information, visit http://www.boomeranglending.com or http://www.boomeranglending.com/affiliate-partners for Affiliate Partner Program details and registration.

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