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The bridging loan specialist has partnered with Finsure, opening its product range to the aggregator’s brokers.
Bridging loan platform Funding.com.au (Funding) has partnered with aggregator Finsure to make Funding’s bridging business and building loan products available to Finsure accredited brokers.
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According to Funding, its state-based business development managers (BDMs) and Gold Coast-based credit team work closely with brokers to present flexible offerings while its proprietary built software platform allows for efficient credit underwriting.
Funding founder and chief executive Jack O’Reilly stated brokers are turning to the platform for “two key reasons”: for the ability to offer Funding’s product offering to clients and to work with an “established lender in the bridging finance space”.
“When we established Funding in 2015, our core mission was to become a property lender that brokers really could depend on – a ‘safe haven in rough weather’,” Mr O’Reilly said.
“As we continue to deliver on that mission, it is imperative that we partner with organisations that share our value proposition – Finsure is one of these partners.”
Mr O’Reilly added that the platform is thrilled to partner with Finsure and anticipates a “great fit and alignment between both businesses”.
“We’re very excited about the opportunity to work with Jas and the Finsure team further and assist their growing network of brokers and the needs of their clients,” Mr O’Reilly said.
National commercial manager at Finsure, Jas Fazlic, added: “The diversification of our lender panel has always been a strength of Finsure.
“By introducing the innovative products provided by Funding, we reinforce that value proposition and offer all brokers in our network a solution that complements their existing suite.”
Finsure adds new lender to lending panel
The aggregator recently announced that non-bank lender Salt&Lime was added to its lending panel.
The debt consolidation lender offers rate discounts to borrowers when they complete financial education modules.
The new lender stated its loans provide brokers a “socially responsible option in building long-term relationships with clients and helping them through their financial lives”.
Finsure chief executive Simon Bednar stated that the lender was a welcome addition to its growing broker network and would enhance the aggregator’s asset finance offering through its secured vehicle finance and personal loan products.
Salt&Lime head of distribution Mark Woolnough said the lender was pleased to join the lending group for Finsure’s brokers.
“With such a transparent and customer-centric approach, we’re delighted to be welcomed onto the Finsure Group lender panel and become an option of confidence for more brokers, safe in the knowledge their customers will be supported with their financial wellbeing,” Mr Woolnough added.
[RELATED: Salt&Lime joins Finsure’s lending panel]
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