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Brokers aggregating under Finsure can now offer the non-bank’s residential, commercial, SMSF, and construction loans for business owners and expats.
Aggregation group Finsure has welcomed AI-driven non-bank lender Uptain to its lender panel.
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The credit provider – which first opened its doors in 2023 – is a portfolio company of credit and property fund manager Mountain Asset Management and also partners with wholesale funders to provide residential and commercial property-backed loans.
It reportedly utilises artificial intelligence (AI) to “streamline and optimise the borrowing experience for clients”, including by matching borrowers with loans and assisting clients with loans after they have received Foreign Investment Review Board approval.
Brokers aggregating through Finsure will now be able to access the lender’s products, which include flexible documentation loans for business owners, expats, and non-residents.
Speaking of the new addition to the lender panel, Finsure’s head of sales, southern region Chris Patsouras said Uptain would help “enhance the burgeoning service offering” for the Finsure broker network.
“Uptain offer a unique solution that will help our brokers tap into a customer demographic they may not have been able to assist before,” he said.
“I am particularly enthusiastic about Uptain because they prioritise customer service above all else, ensuring both their customer and the broker are taken care of throughout the application process.
“Uptain utilises technology in a way that helps reduce the complexity of notoriously challenging loan types and gives an important customer base in Australia a better finance solution.”
Uptain’s head of sales and distribution Linda Leong said that she hoped the lender would be able to service more needs for broker clients.
She said: “It seems for many lenders, borrowers such as business owner, expats, temporary visa holders and non-residents are almost an after-thought, with loan solutions that are just slight variations on their traditional offers, albeit with a higher rate.
“But just like mortgage brokers, we believe that understanding our customers is everything to us. By gaining a complete picture, we can deliver tailored loan solutions that truly meet the needs of our customers.”
[Related: Uptain and Custom Equity unveil strategic alliance]
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