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Interim Finance has unveiled a new product that will allow brokers to offer personalised short-term loans to their clients.
This generic package will give brokers complete autonomy through the loan process by branding all documentation with their company logo.
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The package includes the documents, templates and guidelines needed to process a streamlined and compliant short-term loan.
The aim is to allow brokers to execute a loan independently with confidence – although they will still have the option of letting Interim write and manage the loan on their behalf at no cost.
Brokers across Australia will gain access to the white-label product on February 2.
Interim managing director Andrew Littleford said white-label short-term loans would give brokers a competitive advantage without the risk or investment in a niche market.
"The decision to develop our white-label product is a natural progression of the company's back-end support service," he said.
"This approach has the dual benefit of increasing the broker's profile while retaining the confidence of a watertight, streamlined and compliant loan."
[Related: Short-term lending is worth the effort for brokers]
