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Commercial brokerage expands to NZ

by Hannah Dowling4 minute read
Commercial brokerage expands to NZ

Financial services group and commercial brokerage FlexiCommercial, a division of FlexiGroup, has launched into the broker channel in New Zealand.

According to FlexiCommercial, the expansion will provide New Zealand brokers with access to FlexiCommercial’s business lending products while also allowing Australian brokers to place deals in New Zealand.

The move into the New Zealand market comes in light of the fact that FlexiCommercial has “ramped up” its engagement with the broker channel, with the brokerage reporting demand from its brokers to access channels across the Tasman sea.

The CEO of FlexiGroup, Rebecca James, emphasized the importance of the broker channel to FlexiCommercial.

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“For FlexiCommercial, the broker network is vital to helping businesses acquire assets responsibly so they can focus on the aspects of their business that they know best. 

“We wanted to be able to give our brokers in Australia an expanded service to offer their customers while making the FlexiCommercial offering available to New Zealand brokers. 

“We are looking forward to this next stage of the business.”

FlexiCommercial’s national head of distribution, Geoffrey Egan, said the move will give the company and its brokers the ability to assist more businesses with their commercial finance needs.

“For many businesses, their potential for growth and increased profits are linked to acquiring new assets, and we know the important role finance plays in helping businesses of all sizes reach that potential.

“New Zealand is an important market for us, and we are pleased to now be working with brokers across Australia and New Zealand in providing tailored, flexible, tax-effective and cash flow efficient ways to finance business assets. 

“We pride ourselves on being more flexible and easier to deal with than banks and other financial institutions.”

[Related: Non-bank lender to ramp up broker partnerships]

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Hannah Dowling

Hannah Dowling

AUTHOR

Hannah Dowling is a journalist for The Adviser and Mortgage Business.

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