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Connective has announced that October was the aggregator's best ever month, with members settling over $2 billion dollars’ worth of loans.
Connective principal Glenn Lees said the group is enjoying solid growth across all markets, capitalising on improving market conditions.
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“We have achieved consecutive settlement records in May, June and July of this year, and predicted we would reach our next major milestone of $2 billion in settlements by the end of the calendar year".
The aggregators’ asset finance arm Connective Plant & Equipment also enjoyed a record month, eclipsing previous settlement records.
Mr Lees paid tribute to Connective’s membership, attributing the larger volumes to increased productivity, not just more brokers using the group.
“This milestone reflects both the increasing number of brokerages choosing to join Connective, but also the increasing productivity of our existing membership,” he said.
“We are incredibly proud of the high calibre brokers we support, and this milestone is testament to their dedication and professionalism".
Connective now boasts over 1,900 member brokers and a loan book in excess of $47 billion.
