Personal and asset finance platform Nodifi is offering complimentary digital marketing materials to mortgage brokers to help them generate new leads during the “economic downturn”.
Asset finance platform Nodifi has launched a new initiative to help mortgage brokers generate new leads and support more consumers during the coronavirus pandemic.
With a growing focus on helping “cushion the blow” of the coronavirus on the economy, the lending market has rapidly announced new initiatives to support businesses with working capital and solutions to weather the COVID-19 pandemic.
Nodifi has now announced that the company has launched a new “Grow Local” campaign that will provide eligible mortgage brokers with complimentary digital marketing materials to generate personal and asset finance leads.
“We are saddened to hear of the financial constraints being felt across industries close to home,” Nodifi said in a statement.
“In our short history, these industries have enabled us to grow, and as such, we want to support those who have supported us.
“Grow Local is aimed to support mortgage brokers and car dealers grow and secure their income, while at the same time supporting those in their local communities who are in need of financial support. It’s our way of saying thank you, as we band together in these unprecedented times.”
The campaign is run exclusively for mortgage brokers and car dealers and is available on a first come, first served basis.
Nodifi CEO Tom Caesar added: “With the current economic downturn, we want to support small businesses by growing their revenue streams, while at the same time supporting those in their local communities who are in need of financial support.”
“As a fintech, we are privileged to have some of the latest digital technologies, optimised in driving hyperlocal finance lead generation.”
The CEO added that while there has been reports of a negative impact on business finance activity in recent weeks as the coronavirus pandemic takes hold, Mr Caesar revealed that he expects the situation to turn around. He particularly noted the announcement of two stimulus packages by the federal government that include a number of measures aimed to assist SMEs.
“The federal government’s decision to increase the instant asset write-off threshold to $150,000 has seen an increase in commercial asset finance applications,” Mr Caesar said.
“We expect these to continue up until the 30 June cut-off date.”
Hannah Dowling is a journalist for The Adviser and Mortgage Business.
Prior to joining Momentum Media, Hannah worked as a content producer for a podcast catering to property investors. She also spent six years working in the real estate sector at a local agency.
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