Mortgage aggregator FAST has launched a new scholarship for brokers looking to diversify their product and service offering.

Available for up to 10 FAST brokers nationwide, the scholarship program is designed to focus on developing capability for brokers who want to start building an equipment and commercial portfolio, and is part of the MFAA’s Equipment & Commercial Finance Education Series.

The scholarship includes the first module of the MFAA program and will be deployed online via e-learning.

FAST chief executive Brendan Wright said education is a key focus for helping brokers to stay ahead in an increasingly competitive market.

“With the start of the new year, many brokers will be considering how they can further expand and diversify their businesses with new revenue streams as competition continues to heat up,” he said.

“Business finance represents a real opportunity for growth. The education series offers the best place for brokers to learn how to meet the broader needs of their existing clients as well as grow their client base, strengthen their offering and enhance their consultancy skills.”

[Related: Aussie launches asset finance offering]

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