Mortgage aggregator LMG has enhanced its commercial lending capabilities by adding Arch Finance to its lender panel.
The move gives brokers access to tailored financing solutions at competitive rates, with higher leverage levels and favourable serviceability requirements.
LMG, the largest aggregator group in Australia and New Zealand, supports over 6,000 brokers and advisers, and its Loan Market brokers have achieved industry-leading customer satisfaction with an average Net Promoter Score (NPS) of +99 – well above the industry average of +34.
Arch Finance, a wholly owned non-bank commercial real estate financier backed by ASX-listed alternative asset manager Qualitas, positions itself as a specialist in complex lending scenarios that may fall outside the remit of major banks.
The lender, which specialises in commercial and residential investment property lending, offers up to 80% loan-to-value ratio (LVR) on residential property transactions and up to 70% LVR on commercial property transactions.
Serviceability is assessed at a 1.2 times debt service cover ratio calculated on actual repayments, rather than the sensitised rates typically used by other lenders.
Financing is available up to $7.5 million for single security and up to $25 million for co-lending with multiple securities.
Arch Finance has assembled an experienced origination team across Victoria, New South Wales, and Queensland, including James Kanterakis, Phillip Meehan, Matthew Longo, John Holt, and Katarina Filipovic. The team brings deep commercial lending and business banking expertise from a range of leading financial institutions.
“We take a bespoke approach to each transaction,” said James Kanterakis (pictured right), head of origination at Arch Finance. “We have a client-centric approach and can assist brokers in structuring deals that can be too difficult for the major banks or not meet their typically more rigid lending requirements.”
Commenting on the partnership with LMG, Phillip Meehan (pictured left), head of broker aggregators at Arch Finance, said: “Arch Finance is pleased to be entering into this relationship. LMG is well known in the commercial broker space as a leading commercial finance aggregator – attracting some of the industry’s best commercial brokers.”
Sam Allam (pictured centre), partnership and product manager of commercial at LMG, added: “Arch Finance’s specialist expertise, flexible serviceability approach, and competitive lending parameters make them a valuable addition to our commercial panel.
“This partnership strengthens our ability to support brokers in delivering creative funding solutions for their clients, particularly in scenarios where traditional lenders may not be able to assist.”
The addition of Arch Finance continues LMG’s strategy of expanding its panel with specialist lenders that offer brokers alternatives to traditional banking solutions, particularly in the commercial finance sector where flexibility and expertise are becoming increasingly valued.
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