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ASX-listed Firstfolio Ltd has ramped up its sales and distribution presence in the north Queensland and Gold Coast markets.
In two separate transactions the mortgage and financial services group acquired Gold Coast-based mortgage broking firm Blue Coast Finance while entering into a distribution agreement with Townsville-based Premium Mortgage Management.
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Firstfolio will focus on its New Loan mortgages and related products in the two high-growth markets.
“Distribution is central to Firstfolio’s strategy and, with these two deals, we have effectively secured high quality distribution footprints in two very important regional mortgage markets.” said Firstfolio CEO Mark Forsyth.
