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One short-term lender has set its sights on reaching brokers outside its Sydney base as it prepares to offer them a new end-to-end service.
Interim Finance’s new back-end service will allow brokers to have loans written and managed on their behalf.
Managing director Andrew Littleford said this was a value-add that would not affect commissions or prices.
“We’re committed to making the loan process as easy as possible, and are mindful that short-term lending is a niche market,” he said.
“The net result is beneficial to all involved, as brokers can feel confident that they’re providing clients highly competitive rates and that the loan process is compliant and streamlined.”
Mr Littleford said Interim Finance hoped to reach brokers across Australia with the new service.
“Our competitive short-term loans have always had a lot of traction in the Sydney market,” he said.
“With a solid lending base, it’s the right time for the company to expand our focus to offer brokers nationally best-in-market rates, particularly on caveats and second mortgages.”
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