The white label partnership will give YBR brokers access to Thinktank’s lending products.
Aggregator Yellow Brick Road (YBR) has announced a new white label partnership with non-bank lender Thinktank in a move aimed at expanding the lending options available to brokers on the YBR network.
Launching as YBR Lending Solutions, the partnership offers YBR franchise and aggregation brokers access to YBR-branded Thinktank lending products across commercial, self-managed super fund (SMSF), residential, and private lending.
YBR said the partnership would give its brokers the opportunity to deepen client relationships, increase referrals, and open new revenue streams.
Mark Bouris, executive chairman of YBR Group, said: “By combining YBR’s national footprint with Thinktank’s expertise and product innovation, we’re equipping our brokers with the tools and support they need to diversify, grow, and deliver outstanding solutions for their clients.
“This partnership gives our brokers more options and stronger support to better serve our customers.”
Belinda Wright, head of partnerships and distribution at Thinktank, said: “YBR Lending Solutions reflects our shared commitment to providing brokers with straightforward lending solutions tailored to their clients’ needs. We’re excited to help brokers diversify their offerings through this partnership.”
YBR’s latest partnership comes as more aggregators seek to push further into white label loan offerings and create their own securitised funding lines as a means of offering a more tailored lending experience while increasing margins.
Earlier this week, Connective Home Loans (CHL) and non-bank lender Brighten announced a new partnership to launch a white label lending product aimed at giving brokers access to lending options in often overlooked customer areas, including finance for non-resident Australian expats.
Its product offering also includes Connective Advance, funded by Thinktank, which provides loans for those wishing to purchase or refinance a commercial property or borrow in their self-managed super fund (SMSF).
This week, aggregator Finsure Group added a short-term commercial loan to its white label offering, becoming the fifth product in its lending line.
[Related: Connective and Brighten launch new white label product]
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