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AFG welcomes non-bank lender to panel

by Annie Kane8 minute read
AFG welcomes non-bank lender to panel

The aggregation company has welcomed a non-bank lender to its lender panel.

Australian Finance Group (AFG) has partnered with non-bank lender Firstmac, making its lending products available to AFG’s 3,000-strong broker members.

AFG’s head of sales and distribution, Chris Slater, welcomed Firstmac’s addition to the AFG lender panel, commenting: “As a leading Australian non-bank lender, Firstmac provides a competitive lending alternative to the major banks.

“AFG’s brokers are focused every day on helping their customers navigate their lending options, and Firstmac has an excellent customer-first culture that resonates well with our brokers.  

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“We look forward to working with the Firstmac team.”

The mortgage lender currently manages approximately $13 billion in mortgages and has reportedly provided 130,000 loans to customers over its 40-year history.

Managing director Kim Cannon said the non-bank was “very proud” to join AFG’s panel, saying it was a “vote of confidence from such a prominent and respected broking network”.

He added: “We have seen significant growth and support from the broker market in recent times and are very pleased to be able to extend our market-leading products and service to AFG brokers.”

[Related: Former Westpac banking manager joins AFG]

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AUTHOR

Annie Kane is the managing editor of Momentum's mortgage broking title, The Adviser.

As well as leading the editorial strategy, Annie writes news and features about the Australian broking industry, the mortgage market, financial regulation, fintechs and the wider lending landscape.

She is also the host of the Elite Broker, New Broker, Mortgage & Finance Leader, Women in Finance and In Focus podcasts and The Adviser Live webcasts. 

Annie regularly emcees industry events and awards, such as the Better Business Summit, the Women in Finance Summit as well as other industry events.

Prior to joining The Adviser in 2016, Annie wrote for The Guardian Australia and had a speciality in sustainability.

She has also had her work published in several leading consumer titles, including Elle (Australia) magazine, BBC Music, BBC History and Homes & Antiques magazines.  

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