Short-term lender expands nationwide

by AB11 Jun 2014
Specialist short-term lender Interim Finance has been rebranded as part of its shift nationwide.

The company, which is more than two decades old, said the rebrand was done to reflect its commitment to growth, its confidence in the short-term sector, and evolve its position as an established and reputable lender.

A part of the rebrand, Interim extended its product and service offering nationwide.

“Our competitive short-term loans have always had a lot of traction in the Sydney market,” Interim managing director Andrew Littleford said.

“With a solid lending base it’s the right time for the company to expand our focus to offer brokers nationally best-in-market rates – particularly on caveats or second mortgages.”

The company has launched a complete back-end support service, where brokers can elect to have the loan written and managed on their behalf.

“We’re committed to making the loan process as easy as possible, and are mindful that short-term lending is a niche market,” said Littleford.

“This is a value-add that will have no cost implications to the broker or client, nor will it affect the market-leading commissions offered. The net result is beneficial to all involved, as brokers can feel confident that they’re providing clients’ highly competitive rates and that the loan process is compliant and streamlined.”

The company encouraged brokers to think about potential growth within the industry, such as the ability to settle a transaction in a fraction of the time frames adopted by major lenders.

“Short-term loans thus provide an often crucial cash injection to enable businesses to expand and bypass cash-flow issues, to include paying creditors, purchasing stock, paying ATO and BAS, providing working capital or bridging finance.”

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