Aggregator book hits $40bn

Yesterday, Choice Aggregation Services announced its loan book hit $40.2 billion.

Choice chief executive officer Stephen Moore said the loan book milestone bears testament to the aggregator’s focused approach to forging tight broker partnerships.

“Choice was built on the foundation that positive relationships are essential to business success. According to our most recent member survey more than 80 per cent of our member base see us as a genuine business partner – which translates into solid retention rates and increased broker efficiency,” he said.

“This milestone is the result of both management and members working in sync to achieve the same goals.”

Mr Moore said Choice had worked hard to provide members with the highest level of support to ensure ongoing growth across their businesses, no matter where they are in the business growth cycle.

“This focus has seen our settlement figures grow strongly each year, with book and member retention also tracking well above expectations – even in the face of market fluctuations,” he said.

Mr Moore said the aggregator will continue to work with all Choice members to foster further business growth.

“This milestone is a fantastic achievement and a real testament to the strength of Choice members,” he said.

“Through our development programs and ongoing support, Choice looks forward to supporting new and existing members to take their business to the next level.”