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National brokerage hits 50 franchises

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Francesca Krakue 1 minute read

Since launching its franchise business in May last year, MoneyQuest has achieved a presence in every mainland state of Australia in less than 12 months.

After recently opening its latest office in the Northern Territory, the national mortgage broking franchise has achieved a national footprint of over 50 franchises.

Managing director Michael Russell commented that the group is seeing particular interest among existing mortgage brokers looking to “reignite” their career, as well as ex-retail or business bankers transitioning to self-employment.

He explained that MoneyQuest’s franchise system has been developed for individuals looking to rapidly build a sustainable financial services business.

“Our franchise owners receive extensive support through our on-site film studio, social media packages, online training academy and ongoing mentoring and business coaching,” he said.

Further, Mr Russell emphasised that MoneyQuest has developed a “black box of contrarian referral sources” over a six-month period to help with client lead generation.

“Like all challenger brands we will be bringing further innovations to market over the next 12 months, to not only sustain our current rates of growth but to continue to support our mortgage brokers,” he concluded.

[Related: Property group launches new service for brokers]

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