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The aggregation group has unveiled a newly formed entity dedicated to asset finance: Loan Market Group Asset Finance.
Following its merger of its asset finance operations and the Nodifi loan origination platform earlier this year, aggregation company Loan Market Group has unveiled a new entity for its asset finance operations: Loan Market Group Asset Finance (LMG Asset Finance).
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The entity has been created following an increase in the group’s asset finance capabilities, capacity and expertise - and aims to optimise its asset finance offering so that “fast, accurate and reliable advice” and support can be provided to brokers across the group.
It will therefore drive the strategic direction for asset finance within the group, which covers Loan Market, PLAN Australia, Choice Aggregation Services, and FAST - and will be backed by the Nodifi loan origination platform.
Leading LMG Asset Finance is Tom Caesar (previously chief executive of Nodifi), general manager, Jordan Mutton, and a contingent of state managers who will support brokers to write or refer asset finance deals in addition to identifying opportunities to recruit asset finance brokers into the group.
The state managers (pictured above, left to right) are as follows:
- Joe Ventra, a former Liberty Financial BDM, who is now state manager for NSW/ACT
- Ali McEvoy, a former Latitude Financial Services BDM, who is now the state manager for South Australia/Northern Territory
- Daniel Scollo, a former Choice partnership manager, who is now state manager for Victoria/Tasmania
- Karen Valenzuela, a former Liberty Financial BDM, who has become state manager for Queensland
- Peter Fullwood, a former Nodifi BDM, who is now state manager for Western Australia
While the majority of the state managers have been working at Nodifi for the past few months, Mr Scollo was appointed to the Victoria/Tasmania state manager role last week after having spent over five years as the Victorian partnership manager for Choice.
Commenting on Mr Scollo’s new role, Mr Mutton commented: “Daniel was highly regarded during his time at Choice and we’re thrilled to have someone of his calibre rejoin the group.
“His ability to provide outstanding support to brokers stems from his extensive experience in the industry, an attribute that will be pivotal to growing asset finance in Victoria and Tasmania, and supporting brokers respectively.”
Mr Scollo said he was excited to be joining the group, this time in an asset finance capacity.
“The team at Loan Market Group Asset Finance have built a compelling offering for brokers, underpinned by its loan origination platform, Nodifi — this makes my job a whole lot easier,” Mr Scollo said.
“What’s exciting is what’s to come from the team in particular from a tech perspective. I love that there’s a real focus on making things easier for brokers, whilst ensuring they remain compliant all while providing a great experience for their clients.”
[Related: Loan Market Group to join forces with Nodifi]
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