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The non-bank lender has once again extended its broker offering by joining Finsure’s lender panel.
Reportedly, Bridgit’s new partnership with Finsure sees the non-bank lender join the aggregator’s lender panel as its first tech-driven bridging solution, along with tripling Bridgit’s exposure to the broker network with access to over 2,400 brokers.
The expansion will provide brokers and home owners with wider access to Bridgit’s products as well as benefiting brokers by having access to the non-bank lender’s resources, tools, and technology.
Bridgit chief executive and co-founder Aaron Bassin stated: “The Bridgit team is thrilled to be growing our partner network and helping more Australian home owners progress in their property journey.
“We have seen the strength of working with aggregators and are excited to start working with the high-calibre Finsure broker network.
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“Our partnership with Finsure is solidified by our shared vision of providing Australian home owners more flexible and accessible ways to access property financing.
“Our bridging loan product has diversified the product offering of Finsure’s quality network of over 2,400 brokers, giving them and their clients more opportunity to buy first, sell later.”
Finsure CEO Simon Bednar stated bridging finance has always been a challenge to brokers due to the “complex process and traditionally short turnaround times required by customers”.
“Thanks to their innovative technology and streamlined process, Bridgit has developed a service offering that overcomes these hurdles and places them as a market-leader in the bridging finance space,” Mr Bednar added.
“We believe their comprehensive solution will help our brokers better support their customers as they embark on the home buying journey, alleviating some of the time pressures should Lender SLAs increase or the property market clearance rates continue to drop.”
This partnership with Finsure marked the second time that Bridgit has joined a lender panel, following the non-bank lender’s partnership with Loan Market earlier this year.
Head of distribution for Bridgit Stephen Doyle said at the time that the non-bank lender was excited to grow its broker offering and network, while also providing home owners with faster solutions to allow them to secure their next home before selling their existing property.
“We recognise the significant role brokers play in guiding and supporting home owners through the lending process,” Mr Doyle added.
“Too often, Australians pay the price and miss out on their next property due to traditionally slow and manual finance processes.”
[RELATED: Bridgit joins Loan Market’s lender panel]
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