Non-bank lender Bridgit has expanded its dealer community by partnering with aggregator Finsure.
The brand new partnership will end in Bridgit becoming a member of the aggregator’s lender panel as its first tech-driven bridging finance answer.
Bridgit says it specialises in bridging loans and providing same-day approval to customers via proprietary know-how, in addition to helping owners seeking to buy their subsequent property shortly and seamlessly.
The lender says Finsure brokers will now have the ability to present their shoppers with a revolutionary bridging mortgage answer and extra numerous merchandise. Brokers may also profit from the non-bank’s sources, instruments and know-how to simplify and streamline the bridging course of.
Learn subsequent: Bridgit joins Mortgage Market lender panel
“Finsure was aligned with our mission to offer brokers and Australian owners higher options via using know-how,” mentioned Bridgit CEO and co-founder Aaron Bassin (pictured above left).
“They understood the issue we’re fixing with our bridging answer and noticed the worth this might present to their community. The Finsure dealer community can be of the very best high quality and are supportive of latest know-how adoptions. They’re dedicated to training, compliance and good service with their shopper base, which aligns with our enterprise values, so it was a no brainer to enter right into a partnership.”
Bassin mentioned the partnership meant Bridgit would triple its publicity to the dealer community, with Finsure offering entry to greater than 2,400 brokers.
“The Bridgit group is thrilled to be rising our companion community and serving to extra Australian owners progress of their property journey. We have now seen the power of working with aggregators and are excited to begin working with the high-calibre Finsure dealer community,” he mentioned.
“Our partnership with Finsure is solidified by our shared imaginative and prescient of offering Australian owners extra versatile and accessible methods to entry property financing. Our bridging mortgage product has diversified the product providing of Finsure’s high quality community, giving them and their shoppers extra alternative to purchase first, promote later.”
Learn subsequent: Bridgit welcomes new head of distribution
This partnership marks the second aggregator partnership for the non-bank lender, following its beforehand introduced affiliation with Mortgage Market in September.
Finsure CEO Simon Bednar (pictured above centre) mentioned bridging finance had at all times been a problem for brokers because of the complicated course of and historically brief turnaround occasions required by clients.
“Because of their progressive know-how and streamlined course of, Bridgit has developed a service providing that overcomes these hurdles and locations them as a market-leader within the bridging finance house,” Bednar mentioned.
“We consider their complete answer will assist our brokers higher assist their clients as they embark on the house shopping for journey, assuaging a number of the time pressures ought to lender service stage agreements (SLAs) improve, or the property market clearance charges proceed to drop.”
Bridgit head of distribution Stephen Doyle (pictured above proper) mentioned the non-bank lender’s group was very excited to work with Finsure.
“Finsure have confirmed themselves to be a top-class group, rising into one of many greatest aggregators in Australia,” Doyle mentioned. “At Bridgit, we mix wonderful service, know-how and an excellent product, which I’m assured will add worth to the Finsure panel and permit us to construct an excellent partnership.”