Assetline Capital appoints state manager

Move further expands the non-bank's presence in Queensland

Assetline Capital appoints state manager


By Mina Martin

Assetline Capital has appointed Jason Lucas (pictured above) as state manager, in a move that will further expand how the non-bank lender meets the needs of brokers across Queensland.

In his new role, Lucas will put to work his deep experience in finance and three-plus years with Assetline Capital, to provide a point of contact on the ground, help a wide range of clients find solutions, and assist brokers in getting more deals approved.

“Looking forward to being part of the community and developing his local knowledge of the fast-growing market and its diverse regions,” he said. “I’m excited to get a feel for different areas and strengthen my understanding on a suburb-by-suburb level. I look forward to deepening relationships with our partners and work more closely with our network in Queensland.”

Assetline Capital said it was excited to bring in a state manager of Lucas’ calibre to grow its presence in a market that is already seeing significant infrastructure, investment, and population growth ahead of the 2032 Olympics.

“Assetline Capital has developed a strong understanding of the Queensland market in recent years and we’re excited to expand our presence there. Jason Lucas’s extensive experience and excellent track record make him an ideal choice for QLD state manager.” said Royden D’Vaz, national head of Sales and Distribution, Assetline Capital.

Lucas will initially focus on expanding awareness of Assetline Capital’s presence, with the long-term objective of building a team in the state.

“I’m looking forward to taking on the challenge of growing our Queensland base further,” he said. “We’ve seen increasing migration into Queensland, especially Brisbane, and there’s a shortage of stock which has led to an upward trend in the average price per security. From an investment standpoint, this is a strong market.”

Assetline Capital recently joined the LMG panel, providing more than 5,000 Australian brokers access to the non-bank lender’s wide range of flexible lending solutions. This recent expansion into Queensland builds on the non-bank’s mission to deliver a full suite of products for business borrowers, SMSFs, and property owners.

“With a full suite of products in one place, we make it easier for brokers to solve more problems for their clients,” D’Vaz said. “This expansion gives Queensland brokers a resource they can turn to on the ground to help them close more business.”

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