Mortgage group adds SME lender to panel

In current lending environment, business owners “need” brokers more than ever

Mortgage group adds SME lender to panel


By Madison Utley

A leading SME lender has been brought onto the panel at Smartline Mortgage Advisers.

A new partnership with Prospa will allow Smartline to help small business owners access a wider range of products from a lender that “understands the diverse finance requirements” of the sector.

Smartline CEO Sam Boer said, “Small business owners are finding it increasingly difficult to access the capital they need, and we know they’re looking for alternative funding options. Smartline’s new relationship with Prospa will provide our brokers with a broader range of finance solutions to support their clients’ ventures and help them get ahead.”

“Prospa is an industry leader who appreciates that small business owners sometimes need a different approach to finance – we are thrilled to welcome them to our panel,” he added.

Prospa has provided over $1bn in loans to customers across Australia and New Zealand with products that cater to growth through providing flexible solutions, with fast turnaround times and reduced security requirements.

“Brokers are an important part of our business model,” said Prospa GM of sales and business development, Matt Bauld.

“Small business owners need the assistance of brokers to understand their borrowing options. We support our partners with the tools and resources they need to develop and strengthen relationships with their clients, helping them make it fast and easy to apply for business finance,” he concluded.

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