Login
ISCOVER
Mortgage technology provider NextGen.Net has made it easier for mortgage brokers to diversify their income and broaden their value proposition by launching a new service that is "the first of its kind in the Australian market".
ApplyOnline Asset Finance pre-populates data from brokers’ CRM systems, providing real-time quotes, acceptance and conversion to application and submission.
To continue reading the rest of this article, please log in.
Looking for more benefits? Become a Premium Member.
Create free account to get unlimited news articles and more!
Looking for more benefits? Become a Premium Member.
The new service enables lending for a range of asset classes, including industrial machinery, motor vehicles, boats and farm equipment.
ANZ is the first lender to take advantage of ApplyOnline Asset Finance, while Connective and LoanKit are the first aggregation groups to adopt the service.
NextGen.Net sales director Tony Carn said ApplyOnline Asset Finance is a key strategic initiative in continuing to support its broker partners by helping diversify their income and broadening their value proposition.
"To date, the bulk of Australian broking groups have invested considerable resources into efficient CRM systems that integrate with ApplyOnline," he said.
"This now enables ANZ to establish ‘plug and play’ distribution access with the Australian broker market, and better position broker groups to support them with a diversified and deeply integrated electronic ecosystem."
[Related: NextGen.Net launches new value-add to speed up loan doc process]
