Broker aggregator Yellow Brick Road (YBR) has announced it is partnering with Advantedge Financial Services – a subsidiary wholly owned by NAB to expand its product range and deliver competitive variable rates to its customers from under 2%.
YBR executive chairman Mark Bouris is excited for the partnership to commence.
‘’This is something we have been building towards for quite a period of time. Personally, I am excited to see what this partnership can bring as the select product range provides an ideal complement to our own range of loans,” said Bouris.
Executive for NAB Broker Distribution and Advantedge Phil Waugh (pictured) is also welcoming the partnership.
‘’We are pleased to strengthen our longstanding partnership with the VOW/YBR aggregation group. Today’s rollout is the result of close and careful collaboration with the VOW/YBR executive team and select group of brokers within the network. We have every confidence of a successful launch in the market, and we will roll out more broadly in the coming weeks,” said Waugh.
The product range will ensure the YBR Group-branded products gain greater penetration into a very competitive marketplace, while complementing the network’s existing product suite through the addition of competitive fixed rate funding.
Other additions include construction finance solutions for people looking at building a new home, as well as providing competitive variable rates starting under 2% p.a.
From 1 March 2022, these products will become available to the YBR network group of over 1,200 brokers. Training and accreditation programs have already begun.
YBR will continue to focus on providing highly competitive solutions for its clients and customers across varying markets and their sectors.