The broking group has welcomed a new lender to its panel, which it said would provide its brokers with access to new finance solutions for their SME clients.
Loan Market Group has announced that GetCapital has joined its panel of lenders, which will enable its broker network to access the SME lender’s suite of equipment finance, fit-out finance, trade finance and flexible business loan offerings.
GetCapital’s head of sales and distribution, Cristian Fedrigo, welcomed the new partnership and noted the growing importance of the broker channel in the SME space.
“Despite generating job growth, driving innovation and boosting competition in the economy, accessing external finance remains a key challenge for small businesses across Australia,” Mr Fedrigo said.
“Brokers are increasingly being engaged as a trusted resource and provide an invaluable service to SMEs in their search for working capital and equipment finance.
“We are delighted to partner with Loan Market as part of our commitment to support the growth of Australian small business.”
Loan Market’s chief operating officer, Stephen Scahill, added that the partnership is part of the group’s commitment to offering its clients an “unmatched range of lenders and products”.
“Loan Market Group continually reviews its lender panel to ensure its brokers have access to the best-in-market solutions for the spectrum of financial needs,” Mr Scahill said.
“We’re excited to welcome GetCapital to our lender panel. Australia’s small-business economy is growing exponentially and so are the needs of its operators. Loan Market Group is catering to this by providing our borrowers with access to a broader range of options, delivering faster access to capital and open up the lending landscape to SMEs.”
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