Commercial lender Arc Money has appointed Sanjay Anand as senior business development manager for New South Wales, supporting the company’s push to expand its broker network and accelerate its next phase of growth.
A news release highlighted that Anand brings more than a decade of experience in mainstream banking and private credit, specialising in tailored finance solutions for mortgage-backed commercial loans.
“Arc Money has expanded its lending volumes this year by focusing on making funding more frictionless for brokers and their clients,” said Graham Mendelowitz, director of Arc Money. “Sanjay’s reputation for accessibility and problem-solving will help us scale that focus even further.”
In his new role, Anand will work closely with brokers in high-growth corridors, onboard new partners, and lead educational initiatives to equip brokers with insights on the evolving private-lending market. He will also promote Arc Money’s streamlined credit process, which delivers indicative terms within hours and settlements in days.
“Brokers need a lender that moves at their pace,” Anand said. “Arc Money’s tech-enabled workflow and broker-first culture remove the friction points that slow deals down. I’m excited to help more brokers tap into that advantage and grow their businesses.”
Anand’s appointment comes amid rapid growth in Australia’s private credit sector. Industry assets under management reached approximately $205 billion in 2024 and are expected to maintain double-digit growth through 2025. A CBRE report forecasts that private credit funding for residential development alone could grow to $90 billion by 2029. In response, the Australian Securities and Investments Commission (ASIC) has prioritised increased oversight of private lending, focusing on business models and retail investor protections.
The broader economic climate is also favourable to broker-led non-bank lending. According to the Australian Bureau of Statistics, household net wealth rose by $125.3 billion in Q1 2025, supported by strong house price growth and recent RBA rate cuts. Meanwhile, traditional lenders face tighter margins, with institutions such as Bank of Queensland reporting earnings pressure – reinforcing the shift toward agile, broker-driven finance models.
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