Powered by MOMENTUM MEDIA
the adviser logo
Lender

AFG adds specialist lender to lender panel

by Sarah Buckley4 minute read
AFG adds specialist lender to lender panel

The aggregation group has appointed a specialist lender to its asset finance panel, making more products available to its broker members.

Australian Finance Group (AFG) has welcomed trail book lender TrailBlazer Finance to its asset finance lender panel.

The addition will provide AFG brokers and their white-collar clients with access to the lender’s funding products and advice, which is specifically created for those with recurring revenue streams, such as brokers, financial planners, accountants, real estate managers and other cash flow businesses.

According to TrailBlazer Finance’s managing director, Jeff Zulman, its offering is distinct in that it unlocks the value of intangibles to which lenders ordinarily give little or no value, specifically benefiting white-collar professionals who are typically hard asset light but have built strong recurring revenue streams. 

Advertisement
Advertisement

This enables those professionals to monetise their recurring revenue without needing property to secure their loan facilities.

Mr Zulman commented: “In today’s recessionary market, more than ever, it is important brokers are able to access and offer a broad range of specialist lending solutions to better serve more clients and ultimately grow their own businesses.

“We are uniquely positioned to assist AFG’s network of brokers in strengthening their value proposition by catering to the needs of their clients,” he said. 

Chris Slater, AFG’s head of sales and distribution, said: “We are very pleased to welcome TrailBlazer Finance to the panel. We know their unique value proposition and industry expertise will allow our brokers to offer specialised loans to their clients.

“It is exciting to formalise an arrangement that will provide an important and complementary addition to our extensive broker offering. 

“We look forward to working with Jeff and the team at TrailBlazer.”

The two companies have both been expanding their operations and offerings recently.

AFG recently hired a new state sales manager for Queensland and the Northern Territory and rolled out new technological enhancements, while TrailBlazer Finance announced last week that it has joined the lender panel for the second phase of the Coronavirus SME Guarantee Scheme and will release a new product for brokers as a result.

[Related: TrailBlazer Finance joins SME Guarantee Scheme]

handshake

JOIN THE DISCUSSION

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

MORE FROM THE ADVISER

Stephen Hale ta

MFAA launches near-prime, specialist loan resource

Coined Finance for when your customer doesn’t fit the mould: A broker’s guide to near-prime and...

READ MORE
Daniel Newell Gedda

Specialist lender LoanU rebrands to Gedda

The personal and auto loan provider LoanU, which specialises in helping Australians with impaired credit histories...

READ MORE
tech tools

CBA introduces AI technology to combat scams

New figures released by the competition watchdog this week have revealed that Australians lost more than $2 billion...

READ MORE
magazine
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