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The NAB-owned aggregator has announced that it has appointed a new member to its lender panel.
Specialist SME finance provider GetCapital is the latest lender to be added to FAST’s lending panel.
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FAST CEO Brendan Wright said that the addition was part of the aggregator’s commitment to supporting brokers in providing solutions for their SME clients.
“This announcement is very much aligned with FAST’s strategy to support brokers to cater to SME clients,” the CEO said.
“Business and commercial finance have long been hallmarks of FAST’s unique value proposition, with our broker network now settling more than $7 billion in commercial and business lending annually,” Mr Wright continued.
The FAST CEO said that GetCapital’s inclusion to their lender panel would further diversify the aggregator’s product offerings, with the finance provider offering services that include equipment and vehicle finance, flexible business loans and import lines of credit.
“For small businesses, access to working capital is often the greatest priority. GetCapital is an innovative new player that provides great short- to medium-term solutions for SME clients, delivering the efficiency and agility they need to help run their business,” Mr Wright said.
GetCapital’s CEO, Jamie Osborn, noted that the partnership is a sign of the lender’s commitment to the broker channel.
“This alliance is evidence of our commitment to working with the broker channel, who provide an invaluable service to SME customers,” Mr Osborn said.
“We are excited to launch our finance offering to FAST brokers. We are confident that our products, which are fundamentally built for SMEs, will strongly resonate with both brokers and their clients.”
[Related: SME outcomes dominate discussion at aggregator summit]
