the adviser logo

Business lender narrows in on brokers

by James Mitchell4 minute read

OnDeck Australia has named its new head of sales as the small business lender continues to grow its leadership team and grow its footprint in the third-party channel.

The appointment of Michael Burke as national sales manager this week coincides with OnDeck announcing a partnership with the Commercial Asset Finance Brokers Association of Australia (CAFBA).

To continue reading the rest of this article, create a free account
Already have an account? Sign in

“Recognising the integral role brokers play in the SME lending space, CAFBA is the obvious choice for us to build a connection with the industry,” OnDeck CEO Cameron Poolman said.

“As a gold affiliate member, we’ll be able to raise our profile among third-party networks and demonstrate our capacity to provide tailored credit offers and strong service to brokers and their clients”.


Mr Burke joins OnDeck with over 20 years of sales and leadership experience in the banking and financial services industry. Most recently, he held the position of general manager – consumer and commercial finance at Flexigroup.

“Michael has extensive experience and industry networks across the broker space, which will be a huge asset to OnDeck’s Financial Advisers Program launch this year,” Mr Poolman said.

This is the second senior recruitment by OnDeck this year. In January, the group announced the appointment of former SocietyOne executive Jerry Yohananov as chief financial officer.

“From the outset, OnDeck has focused on building a multi-skilled management team from a range of backgrounds, with experience, spanning e-commerce, banking, technology and payments,” Mr Poolman said.

“Michael will add to this diverse team, as well as bringing a wealth of contacts and knowledge from the broker channel.”


Business lender narrows in on brokers
TheAdviser logo

James Mitchell

James Mitchell


James Mitchell has over eight years’ experience as a financial reporter and is the editor of Wealth and Wellness at Momentum Media.


You need to be a member to post comments. Register for free today


sam jolley elders ta iwsfut

Elders welcomes 1st national growth and asset finance manager

Elders Home and Commercial Finance, the independent broking arm aligned with the real estate network of Elders Ltd,...

rael ross butn ta rerexr

Butn achieves record originations in July

Cash flow financier Butn has released a trading update, revealing that its 2023 financial year commenced with a new...

daniel tuttlebee resimac asset fInance ta l27zun

Resimac takes controlling stake in Sonder

Resimac Asset Finance has expanded its acquisition stake in equipment finance business Sonder Equipment Finance...

Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more