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A leading aggregator has announced the appointment of a specialist small business finance provider to its lending panel, to reinforce its support of brokers catering to SME clients.
Finance & Systems Technology (FAST) supports more than 1,300 brokers to arrange over $21billion in both residential and commercial lending for customers annually.
FAST CEO, Brendan Wright, said the appointment of GetCapital showed the aggregator’s commitment to support its brokers in meeting their business clients’ needs.
He added, “This announcement is very much aligned with FAST’s strategy to support brokers to cater to SME clients. Business and commercial finance have long been hallmarks of FAST’s unique value proposition, with our broker network now settling more than $7billion in commercial and business lending annually.
“The expansion of the small business sector is a key trend Australia-wide. There are now over 2 million SMEs generating almost two thirds of Australia’s GDP.
“Against this backdrop we are seeing increased demand for more diversified services from brokers and FAST is committed to supporting brokers to meet this demand.”
GetCapital is focused on delivering affordable loans to small businesses, offering three distinct products: equipment and vehicle finance, flexible business loans and import lines of credit.
Wright said the addition of GetCapital to FAST’s lender panel would further diversify the aggregator’s range of products.
He said, “For small businesses, access to working capital is often the greatest priority. GetCapital is an innovative new player that provides great short to medium term solutions for SME clients, delivering the efficiency and agility they need to help run their business.”
GetCapital CEO Jamie Osborn said he was delighted to be bringing GetCapital’s strategy to FAST’s network of experienced finance brokers.
He said, “This alliance is evidence of our commitment to working with the broker channel, who provide an invaluable service to SME customers.”
“We are excited to launch our finance offering to FAST brokers. We are confident that our products, which are fundamentally built for SMEs, will strongly resonate with both brokers and their clients.”
GetCapital’s products are now live on FAST’s lending panel and the lender has been introducing the product suite to FAST brokers across all states through FAST’s recent Asset Finance Forum events.
