Firstmac added to Finsure panel

by Mike Wood12 Aug 2021

Finsure has added Firstmac to its panel, adding one of the biggest names in non-bank lending to its broker offering.

It brings together one of the biggest players in the broker channel and one of the country’s largest non-bank lenders.

Firstmac has been very active in establishing itself with brokers, having also been added to AFG’s panel as recently as June.

They have already raised over $2 billion in RMBS transactions this year, the largest in Australian banking history, breaking their own record from 2017.

“Firstmac is a highly regarded, privately-owned company that currently manages $13 billion in mortgages and $300 million in cash investments, staying ahead of the big banks by using smart technology and highly-trained support staff,” said Finsure General Manager Aggregation, Simon Bednar.

His Firstmac counterpart, Managing Director Kim Cannon, added: “We are very pleased to receive this vote of confidence from such a highly-respected broking network.”

“We have been growing rapidly with strong support from the broking community and we are excited by this opportunity to extend our market-leading products and service to Finsure brokers."