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iApp improves broker referrals

by Staff Reporter8 minute read
The Adviser

Jessica Darnbrough

One aggregator has jumped on the iPhone bandwagon, launching its own iApp.

Australian Loan Company (ALCo) yesterday launched the Lending Shop on mobiles – an application that gives users access to a loan repayment calculator, news source and lead generator.

The company’s general manager Lesley Wood said the Lending Shop | Mobile was specially designed and developed by ALCo to benefit its members.

Brokers have the ability to distribute the app via a unique URL, which has been preconditioned so that it identifies leads generated as belonging to a specific person. Brokers can opt for leads to be sent directly to themselves or to a person of their choosing.

The app allows potential borrowers to calculate possible loan repayment amounts at any time, from wherever they are.

“Technological innovation such as this allows us to make our brokers as accessible to the public as possible. And what better time to make our brokers accessible? Due to the NCCP [National Consumer Credit Protection] legislation being the hot topic of the last few months, consumers’ perceptions of mortgage brokers are becoming more positive every day,” Ms Wood said.

“Not only is the app a great tool that our brokers can give their clients, it also helps to facilitate successful referral relationships. It’s a real value-add for our brokers to provide their referral partners with such an impressive tool that they can easily provide to their own clients.”

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