Openwork has launched a support service for its advisers seeking financial assistance while transferring to a fee-based model.
The network has promised to pay the broker fees for members looking for unsecured loans, commercial mortgages, secured loans or overdrafts.
It will also enable advisers to access funding for consolidation, growth, acquisition, recruitment and retention and working capital.
Proposition director Philip Martin said: "The transition to fees will inevitably put firms' cash flow under strain and our initiative will enable advisers to access the funding that is right for their business at no cost in terms of broker fee.
"This initiative is another valuable addition to our RDR support programme and we will continue to seek ways to alleviate the burden on advisers as they move to new business models in the coming months and beyond."
This month Openwork launched another online support service, called 'Smart Hub', that aims to help its advisers target and segment their client base.
Acquisition completed earlier this month.
Changes to take place by next year
Launched 18 November
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