Powered by MOMENTUM MEDIA
the adviser logo
Aggregator

Major aggregator announces asset finance partnership

by James Mitchell5 minute read
Finance partnership

Connective has entered into a strategic partnership with an established asset finance aggregator that supports 20 brokerages.

Established in 1982, Money Resources Group (MRG) is set to leverage Connective’s technology and compliance expertise to position itself for future growth.

To continue reading the rest of this article, create a free account
Already have an account? Sign in

Brent Starrenburg, head of Connective Asset Finance, said that while Connective continues to offer member brokers with asset and SME finance products and support, Connective Asset Finance aggregation was formed to exclusively cater for the unique requirements of asset finance specialists.

“We recognised the asset finance sector is evolving quickly and becoming increasingly complex, particularly in the areas of compliance and regulation.

Advertisement
Advertisement

“In forming Connective Asset Finance, we are building on many years supporting asset finance brokers while leveraging our experience in delivering best-in-class aggregation to deliver a bespoke service for asset finance specialists.

“We are confident MRG brokers will benefit from the resources and support we bring to bear while retaining a freedom to run their business as they see fit.”

MRG director Harry Anderson said that the group was “at risk of being left behind” from a technology perspective.

“Partnering with Connective has given us the opportunity to work with cutting-edge technology that will see our members well positioned both now and into the future,” the director said.

“With increased regulation on the way, choosing the right business partners has never been more important. This move is about supporting the 20 member firms of our group.”

Mr Anderson said that MRG was impressed with Connective’s transparent approach to plant and equipment finance.

“The professionalism of our brokers will undoubtedly advance as they access Connective’s suite of services, most notably in the areas of compliance and marketing.”

[Related: Connective expands asset finance team]

Major aggregator announces asset finance partnership
hands
TheAdviser logo
hands

James Mitchell

James Mitchell

AUTHOR

James Mitchell has over eight years’ experience as a financial reporter and is the editor of Wealth and Wellness at Momentum Media.

JOIN THE DISCUSSION

You need to be a member to post comments. Register for free today

MORE FROM THE ADVISER

daniel tuttlebee resimac asset fInance ta l27zun

Resimac takes controlling stake in Sonder

Resimac Asset Finance has expanded its acquisition stake in equipment finance business Sonder Equipment Finance...

READ MORE
asic ta 2

ASIC seeks ‘common-sense solutions’ to breach reporting

The Australian Securities & Investments Commission (ASIC) has committed to “improving” the operation of the...

READ MORE
andrew mills homestart ta htfetw

HomeStart drops graduate loan deposit to 2%

HomeStart Finance, a non-bank lender backed by the South Australian state government, has lowered the deposit hurdle...

READ MORE
magazine
Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more