RedZed joins aggregator panel

The partnership will allow Connective to offer its broker network of over 3,800 brokers access to RedZed’s product suite.

RedZed executive general manager of distribution Chris Calvert said the lender was pleased to be partnering with Connective.

“Their members have a genuine appetite and passion for assisting their self-employed borrowers, as well as understand the value of having a range of prime and specialist residential and commercial lending solutions available to them,” Mr Calvert said.

“We have already seen great interest in our offering, and the number of members seeking accreditation has exceeded our initial expectations.”

Mr Calvert added: “We are investing heavily in our systems and our brand. We recently launched the world’s first SAP Cloud for Banking system for mortgages, and we continue to build our product offering to deliver a strong service proposition to our brokers and channel.”

Commenting on RedZed’s addition to its lender panel, Connective executive director Mark Haron said: “Bringing RedZed onto our lending panel enables us to provide our members with additional lending solutions for their self-employed customers.

“RedZed brings a focus to a segment of the market that now more than ever needs a tailored approach that reflects the individual needs of the self-employed. Self-employed borrowers, in particular, benefit from the expertise that our brokers provide, and having access to RedZed’s residential and commercial offerings will improve their ability to drive quality outcomes for them.”

The specialist lender has been growing its distribution recently, having joined the lending panels of Choice Aggregation Services and Vow Financial.

[Related: Specialist lender appoints new GM of distribution]