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Connective expands asset finance team
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Connective expands asset finance team

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Reporter 2 minute read

The asset finance arm of aggregation group Connective has undergone an expansion, bringing in two new BDMs and launching a new referral program.

Connective Asset Finance has appointed Brent Starrenburg as head of the asset finance team. Mr Starrenburg, who was the national business development manager for Connective Asset Finance for the past three years, will now head up the team at Connective Asset Finance, following the appointment of a new BDM in Victoria.

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The team will also include a new BDM in NSW, the search for which has already started.

Speaking at Connective’s professional development day in Sydney on Wednesday, Connective director Mark Haron said that the new team will “complement and grow the business” and enable more brokers to write asset finance loans for their clients.

As well as expanding the team, Connective has also announced a new partnership with Adelaide-based company Positive Lending.

Starting on 3 April, Connective brokers will be able to access Positive Lending’s BOLT platform, a customised processing and quoting platform for asset finance deals.

The paperless application and approval process is fully integrated with Mercury, and enables brokers to see application status updates on a daily basis. It is also mobile and tablet enabled to help brokers submit deals ‘on the go’.

The existing EasyLodge platform will be phased out at midnight on Friday, 31 March.

Mr Haron commented: “We've made some significant changes to our Connective Asset Finance program and we’re very, very pleased to say that we are moving forward in using a new service provider in the referral program.

“We’re using a group called Positive Lending, based out of Adelaide. Tom Caesar who runs that business is a tremendous guy with a really good background and experience in servicing a lot of finance, and car and consumer and asset finance transactions. He has a very technology-based system and they have a great service platform. 

“Going forward, Connective Asset Finance deals will be able to done straight out of Mercury, [meaning] that it will be much more seamless for [brokers], not having to re-enter data and put it into EasyLodge.”

[Related: The asset finance debate]

Connective expands asset finance team
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