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RedZed added to aggregator panel

by Malavika Santhebennur8 minute read
RedZed added to aggregator panel

The self-employed lender has joined AFG’s lender panel, which has followed its expansion into five aggregators’ lender panels in the past 18 months.

RedZed has announced that it has joined the lender panel of Australian Finance Group (AFG).

The non-bank lender said the addition to AFG’s panel is consistent with its strategic growth plan, and has followed its expansion onto the lender panels of five aggregators in the past 18 months, including Connective, Vow Financial and Yellow Brick Road, and Choice.

Commenting on its addition to AFG’s panel, RedZed executive general manager, distribution Chris Calvert said that it has demonstrated the value of self-employed finance solutions.

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He said: “We note AFG is truly national and has been operating successfully for more than 27 years. They understand that self-employed borrowers think and behave differently. At RedZed, we speak their language. We believe that every ambitious, driven Australian deserves the chance to make their self-employed dreams a reality.”

AFG head of sales and distribution Chris Slater said that adding RedZed – which offers both residential and commercial lending products to self-employed borrowers – is timely as lockdown restrictions are lifted across NSW, Victoria, and the rest of the country.

He said: “It’s beneficial to our members to have access to lenders such a RedZed, to help meet the demand of business owners trying to revive their businesses.

“RedZed’s profile has increased considerably in recent years, and we are very pleased to be adding them to our lender panel to help drive competition in the lending market and provide choice for brokers supporting their customers.”

[Related: RedZed offers brokers online valuation tool]

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Malavika Santhebennur

AUTHOR

Malavika Santhebennur is a content specialist at Momentum Media, focusing on mortgages and finance writing.

Before joining Momentum Media in 2019, Malavika held roles with Money Management and Benchmark Media, where she was writing about financial services.

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