Major bank owned aggregator FAST has unveiled a scholarship program for brokers as part of its sponsorship of the new Mortgage and Finance Association of Australia (MFAA
) Equipment & Commercial Finance Education Series.
In November, the MFAA
launched a new training program to help brokers diversify into equipment and commercial finance. The online training program will consist of three modules divided into beginners and intermediate, advanced, and master class – starting from $400 plus GST for the beginners and intermediate program.
The FAST scholarship will be available for up to ten FAST brokers nationwide and includes the first module of the programme which covers four online units including market, products & services and business practices. Brokers will be awarded four CPD hours for completing the first module.
Brendan Wright, CEO of FAST, says education is crucial in staying ahead in an increasingly competitive market.
“With the start of the New Year, many brokers will be considering how they can further expand and diversify their businesses with new revenue streams as competition continues to heat up.
“Business finance represents a real opportunity for growth. The education series offers the best place for brokers to learn how to meet the broader needs of their existing clients as well as grow their client base, strengthen their offering and enhance their consultancy skills.
“We encourage all brokers to consider whether this MFAA
education series fits with their business strategy and if so, they should apply for the scholarship or make the investment to attend.”