Broker group announces new lender partnership

by Julia Corderoy16 Jun 2016
National broker group MoneyQuest has welcomed the addition of a new lender to its panel as its preferred motor and asset finance provider.

MoneyQuest managing director Michael Russell announced the partnership with Universal Finance today. 

Universal Finance managing director, Don Phaedonos said this marks its first national partnership.

“After 12 years of operation, we are thrilled to launch our first ever national partnership with such an impressive organisation,” Phaedonos said. 

“MoneyQuest has a strong vision and innovative culture and we are excited to be a part of their journey. Universal Finance is also very active in motor loan refinancing, helping clients reduce their monthly repayments to potentially enter the property market. This makes for a powerful partnership that will add significant value to end customers.”

Russell said the partnership comes after the broker group has invested significantly in its asset finance capabilities.

“MoneyQuest has done considerable work in recent months with the aid of predictive analytics – to know exactly when our clients are due to upgrade their motor vehicles after taking out a mortgage. 

“Armed with this knowledge, MoneyQuest is now ready to take an even more proactive client service approach.”