Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Smartline adds SME lender to panel

sam boer

sam boer
Reporter 1 minute read

Smartline Mortgage Advisers has brought SME lender Prospa onto its lender panel to provide Smartline brokers with “greater product choice for their small business clients”.

Prospa offers business loans between $5,000 to $300,000 and recently introduced a line of credit product.

Speaking of the new partnership, Smartline CEO Sam Boer commented: “Small business owners are finding it increasingly difficult to access the capital they need, and we know they’re looking for alternative funding options.

“Smartline’s new relationship with Prospa will provide our brokers with a broader range of finance solutions to support their clients’ ventures and help them get ahead. They are an industry leader who appreciates that small business owners sometimes need a different approach to finance. We are thrilled to welcome them to our panel.”

Meanwhile, Matt Bauld, Prospa’s executive general manager of sales and business development, emphasised that brokers are “an important part” of Prospa’s business model”.

“We recognise small business owners need the assistance of brokers to understand their borrowing options. We support our partners with the tools and resources they need to develop and strengthen relationships with their clients, helping them make it fast and easy to apply for business finance.

“Small business is critical to our economy, accounting for over 44 percent of private sector employment.”

He added: “We are looking forward to this partnership with Smartline, as it will allow us to help more Australian small businesses thrive.”

Advertisement
Advertisement

PROMOTED FEATURES


[Related: Prospa launches new line of credit facility]

 

Smartline adds SME lender to panel
sam boer
TheAdviser logo
sam boer

 

more from the adviser
house coins ta Aussie reports record spike in pre-approvals

The major brokerage has reported a record increase in home loan p...

Money jar Facebook launches SME grants program

The social media giant has commenced processing applications for ...

uptick Aggregator reports surge in settlements

Purple Circle Financial Services has reported a record increase i...

FROM THE WEB