An asset finance provider has announced its partnership with third-party aggregation business Connective.
Equipment and business cash flow financier Classic Funding Group has announced a new partnership with Connective to provide its commercial and asset finance broker network with access to a new range of products.
Classic Funding Group stated that it has recognised that the broking community is changing with aggregators being “the catalysts in encouraging new technology adoption and upskilling”, and added that the banking royal commission’s recommendations could accelerate the speed of change.
“I am delighted to partner with Connective. Their values of collaboration, trust and doing the right thing align so well with our own,” Paul Rathbone, CEO of Classic Funding Group, said.
“We expect many mortgage brokers will look to broaden their portfolios in the future and believe that our lending solutions will work well for all Connective brokers.”
Brent Starrenburg, head of asset finance at Connective, welcomed Classic Funding Group to the aggregator’s panel, adding that he is “on a mission to empower brokers through partnerships” by making sure that they “deliver real value for long-term business growth together with the provision of lender choice”.
The group head of sales and marketing at Classic Funding Group, Gavin Judd, concluded: “Enquiries are already coming in from Connective.
“It’s exciting for our sales team to be out across Australia meeting new brokers. We’re looking forward to supporting growing their business and meeting their clients’ finance needs.”
[Related: SA lender joins Aussie panel]