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Aggregator

NLG appoints new aggregation manager

by Reporter10 minute read

Asset finance provider NLG Leasing has appointed former NFC Aggregation Services business development manager Georgia Carruthers as head of its new aggregation service.

Ms Carruthers, who has “extensive asset underwriting and specialist aggregation experience” will take on the role of aggregation and business support services manager to spearhead the newly-launched NLG Aggregation service.

Frank Crombie, director of aggregator services at NLG Leasing, said that Ms Carruthers had “outstanding industry knowledge and is across the broad range of asset and equipment lenders, including an innate understanding of the intricacies of each lenders’ specific policies and guidelines”.

He added: “Georgia also has strong knowledge of consumer lending and the requirements under NCCP regulations.”

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Speaking after her appointment, Ms Carruthers said: “I’ve always gravitated to roles that have a high customer-service interface and I really enjoy connecting with people.

“Independently, I’ve been involved with settlements and underwriting within the asset finance sector, as well as with managing wholesale aggregation products and lender relationships.

“Coming to NLG Leasing to drive NLG Aggregation fuses both of these strengths and interests.”

NLG Leasing launched NLG Aggregation last month in a bid to meet brokers’ “growing interest in directly accessing asset finance lenders at NLG’s volume wholesale rates”. 

Mr Crombie said: “Brokers are increasingly realising how asset finance is a smart, flexible alternative that allows the reallocation of funds to positively affect their client’s business efficiencies, productivity, sales, and ultimately growth,” he said. 

“Similarly, reskinning cash flow effectively can also greatly enhance a client’s lifestyle and help achieve their personal goals. Whether it’s for professional or personal purposes, we encourage brokers to continue to simply ask whether their client’s funds are being utilised to their maximum capacity.” 

Mr Crombie believes this “advisory approach” deepens relationships, provides a competitive advantage and ultimately increases revenue.

According to the finance provider, NLG Aggregation provides brokers with: access to volume discounts; direct access to “Australia’s largest panel of asset finance lenders”; direct access to licencing, compliance and support services; easy processing and back-end support; and “guarantees there is no third-party conflict of interest”.

[Related: New aggregator hits market as brokers move beyond home loans]

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