Fast turnarounds, competitive pricing, a common-sense approach to credit, and an easy-to-use broker portal are all key drivers of Wisr’s popularity with brokers. Product features, such as no early repayment or exit fees, great rates, and an award-winning app, appeal to clients, while our experience and service make it easy for the broker to get the deal done.
We have focused on creating a streamlined experience from quoting a client through to settlement – 84 per cent of loans are now automatically approved by our AI-powered decision engine, and automated steps, such as income verification, reduce assessment times and improve turnaround speed.
Our relationship-led approach is also a major standout. Our BDMs, relationship managers, and support team work closely with brokers to understand their businesses and provide excellent service.
Our price beat offer and the introduction of secured personal loans have been particularly popular as brokers look to secure clients the most competitive rate, and we’ve extended that with prime borrower pricing for returning and high-quality profiles.
We also focused on parts of the process brokers told us were slowing them down and delivered a simpler joint loan process for dual applicants and streamlined the way we ask for expenses. Instant settlements have also been a hit, with funds appearing in the client’s account moments after settlement.
