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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.
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]
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