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Non-bank expands footprint

by Staff Reporter7 minute read

Staff Reporter

Proving the non-bank sector is alive and well, one of Australia’s biggest non-bank lenders has expanded its national footprint.

Yesterday, Resi announced it would roll out several new franchise offices in key locations around the country.

Speaking about the company’s expansion plans, Resi chief executive Lisa Montgomery said it reaffirms the non-bank’s resilience in the mortgage industry.

“There is great potential for competitive non-bank lenders such as Resi to secure a greater share of the home loan market and our growing franchise network is proof of that,” she said.

“It’s an exciting time for our industry to be able to capitalise on opportunities in this new lending paradigm,” said Ms Montgomery.

Resi’s national franchise manager Paul Liccione said eight new offices have already opened this year in Sydney, Melbourne, Adelaide, Brisbane and Canberra, with more to be rolled out over the coming months.

“We continue to be attracting high calibre franchisees drawn to our core brand values and what we have to offer in terms of support and infrastructure,” he said.

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