Tower Street Finance Lead The Way With Short Term Probate Loans With 5 Star Defaqto Ratings In Category They Pioneered
Tower Street Finance continue to show their commitment to remaining the experts in probate lending with two 5-star Defaqto ratings in the ‘Short Term Probate Loan’ category they pioneered.
‘Short Term Probate Loans’ is a relatively new category of financial product developed by Defaqto and Tower Street Finance to fill a gap in the market surrounding helping consumers navigate the financial challenges of inheritance, probate and estate administration.
Defaqto are the leading independent financial ratings organisation, a consumer-focused service that compares financial products and awards them a star rating based on their features and benefits, with 5 stars being the top rating awarded.
When Tower Street Finance approached Defaqto with two of their Short Term Probate Loan products in early 2021, Defaqto saw fit to create an entirely new category of financial services to properly classify them, before awarding them both a 5-star rating.
Since then, the ‘Short Term Probate Loan’ category has grown, but Tower Street Finance’s products remain the gold standard, proudly keeping their 5-star ratings by providing innovative assistance to its customers and partners and helping them to solve their inheritance problems.
Jim Sisson, CFO and co-founder of Tower Street Finance said: “I am delighted that our innovative probate lending products continue to receive the highest possible rating from Defaqto.
“When we developed these products, we did so because there was a lack of financing options available in the market when it came to supporting people as they navigate the financial challenges of inheritance, probate and estate administration. These 5 stars ratings confirm our continued commitment to providing the best possible products and service to customers during what can be a very difficult time.”