Commercial Lending Panel

We take this opportunity to remind everyone of the importance of supporting both our commercial lending panel and pilot program, where ever possible. With the market flush with funds currently, the emergence of new lenders appearing is something astonishing.

New lenders coming into the market, does not necessarily indicate that they do not offer an excellent point of difference. But that's where we as an aggregator will thoroughly research, the benefits, viability and most importantly the protection you the broker hold in the event anything goes wrong with the transaction.

We are in the process of launching 3 new Commercial lenders to the pilot program in Balmain Commercial, a new division set up to deal via aggregation/broker platforms, Orde Financial & Pallas Capital.

If any doubt over a new loan transaction, refer to your Vow Financial BDM.

Liberty Residential Loans Update

Liberty is helping you support more customers through their flexible solutions. For more information on how they can make your customer's life easier, click on the link below.

Liberty RES Aggregator Update

For any questions, please reach out to your BDM.

Introducing TRUST.n1holdings

What are the common grounds in lending? Sophisticated investors, Property developers and SME owners.

Have you ever wondered how sophisticated investors make use of leverage to expand their property portfolio in times of property listings drought?

How do property developers secure a potential booming site amid tight competition?

How do SME owners tap into fast funding to either sustain the dip or expand exponentially?

It's all about getting access to funding. There are some common grounds when it comes to funding, amid a rapid evolutionary lending environment: fast, easy and transparent.

Mortgage brokers, the successful ones who are benefitting from a regulatory-led operating environment, have identified a strong niche market, among the three most underserved borrowers mentioned above: sophisticated investors, property developers and SME owners.

N1holdings works alongside mortgage brokers to add massive value to their clients when it comes to private lending (aka asset lending, direct lending, etc.). When they talk about adding massive value they mean making sure your clients meet their borrowing needs and are not burnt by unfair contractual terms.

They would like to introduce TRUST.n1holdings, an initiative that provides reliable information to business partners, investors and clients.

Visit www.n1holdings.com.au/trust to find out more.

Bankwest Update

Bankwest is making it easier for your self-employed clients to get a home loan.

For their latest offer and features, please click on the link below.

Bankwest Self-Employed Guide

Resi's Lowest Investment Rates Ever

Resi Essentials Investment rates continue to get better and better.

We have now reduced all of our Prime Full Doc Investment P&I rates.

Details are as follows.

Essentials Prime Full Doc INV P&I

  • 0% - 65% - reduced to 2.49% (from 2.59%). Comparison Rate of 2.52%
  • 65.01% - 80% - reduced to 2.59% (from 2.69%). Comparison Rate of 2.62%
  • 80.01% - 90% - reduced to 2.79% (from 2.89%). Comparison Rate of 2.92%


The Resi website, VowNet and YNet have been updated with the new rate card.


For more information please contact your BDM or Broker Support.

*WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Prospa's EOFY Offer

Introducing Prospa PLUS Business Loans up to $500K'

Prospa is excited to announce their NEW Prospa Plus Business Loan, now providing fund amounts of up to $500K.

  • Suits businesses with a minimum of 3 years trading and annual turnover $1m
  • Pre-approval without credit check available for deals over $250K
  • Minimal documentation for deals under $250K
  • Dedicated Account Manager from start (lead) to finish (settlement)

Improved service for partners and Prospa Plus customers. Prospa provides their Partners access to a dedicated Customer Credit team specialising in Prospa Plus deals. This allows Partners to gain real-time scenario advice, and application status updates directly from the credit team in charge of the scenario assessments, leaving partners better informed and confident to have conversations with their clients.

See Prospa PLUS matrix for more details.

Offers for partners and their clients until 31 Dec 2021

With the end of the year coming round, Prospa is supporting their partners and their SME clients with business funding solutions to support business opportunities that come around this time of the year.

  • PARTNER COMMISSION BOOST: Extra 1% or 2% on top of the normal commission rates for eligible partners on all products (for the first time and new referral customers) during our promotional period.1
  • PARTNER LOAN OFFER: Apply for $5,000, $10,000 or $15,000 at a maximum Annual Simple Rate of 15.9% p.a.- subject to standard credit assessment, see below for more details.2
  • CLIENT LOAN OFFER: No repayments for the first 8 weeks for approved clients on our business loans. Term will be extended and interest accrues from settlement to the end of the term.3

See Prospa EOY 2021 offers flyer

Contact one of Prospa's BDMs on 1300 964 808 or visit prospa.com/partners with a scenario today.

Terms and Conditions:

1. PARTNER COMMISSION BOOST OFFERS 25 October - 31 December 2021

Increased New Commission rate offer available on eligible referred customers approved for new Prospa Plus Business Loans, Small Business Loans or Lines of Credit (as applicable) that are approved and settled between 25 October 2021 and 31 December 2021 only (inclusive).

2% increase will apply to eligible referred customers on a new Small Business Loan or Line of Credit (as applicable) settled with a disbursement amount (or facility limit, for Line of Credit) of less than or equal to $150,000. Standard rate "New" commission for first time and new referral Small Business Loan customers will be increased from 4% to 6%; and standard rate "LOC - First Drawdown" commission for first time and new referral Line of Credit customers will be increased from 3% to 5% (offer does not apply to "Refinance - Cross Product (SBL to LOC) First Drawdown" commission).

1% increase will apply to eligible referred customers on a new Prospa Plus Business Loan settled with a disbursement amount of greater than $150,000 (exclusive). Standard rate "New" commission for first time and new referral Prospa Plus Business Loan customers will be increased from 4% to 5%.

All other commission rates and requirements remain unchanged and Prospa's Lead Management Policy applies. Offer not available in conjunction with any other Partner offer and is available only to Partners registered and accredited with Prospa in Australia who have been contacted by email and invited to participate, subject (where applicable) to their Aggregator's approval to participate.

Prospa reserves the unrestricted right to withhold commission payments if it reasonably considers Partner has not complied with Prospa's relevant terms of engagement. Offer only available in connection with referral of businesses established and operating in Australia. Offer may be withdrawn without notice. Standard credit approval criteria, fees, terms and conditions apply..

2. PARTNER LOAN OFFER FOR ACCREDITED PROSPA PARTNERS 25 October - 31 December 2021

Exclusive Partner Loan offer: Partner loan offer available to eligible approved accredited partners on a new Prospa Small Business Loan that is approved and settled between 25 October 2021 and 31 December 2021 (inclusive). Partners can apply for a loan of $15,000, $10,000 or $5,000 and eligible approved partners will receive an Annual Simple Interest Rate of 14.9% p.a. (connected electronic bank statements are required) or 15.9% p.a. (no requirement to provide connected electronic bank statements) with a 2.5% origination fee.

Offer only available on approved loans to partners registered and accredited with Prospa in Australia who are either (i) new customers or (ii) repeat customers with $0 balance at date of application and clear repayment history on previous Prospa loans. Offer available on Prospa's Small Business Loan for approved Loan Amounts of $5,000, $10,000 or $15,000 only. Annual Simple Interest Rate of 14.9% p.a. only available to eligible approved partners who provide connected electronic bank statements.

Maximum one loan per partner. No Repayment Period not available to be taken with a loan under this offer. Cannot be used in conjunction with any other offer. No commission earned or payable on this offer. Offer may be withdrawn without notice. Loan eligibility and approval is subject to standard credit approval criteria. Fees, terms and conditions apply.

3. CUSTOMER OFFER: Prospa business loans offer, Australia 25 October - 31 December 2021

No repayment period offer available to new and existing approved customers on a new or refinanced Prospa Small Business Loan or Prospa Plus Business Loan settled between 25 October and 31 December 2021 (inclusive). Approved customers can elect to take an optional initial no repayment period of between 1 to 8 weeks, during which interest will accrue but no repayments will be required. Total loan repayment term will be extended by the time equal to the selected no repayment period (1 to 8 weeks) and interest will accrue from the loan settlement date until the end of the term. Interest that accrues on the loan during the no repayment period is capitalised and included in the total interest expense, and forms part of the regular fixed daily or weekly principal and interest repayments due on each payment date following the end of the no repayment period. Offer only available to businesses established and operating in Australia. Offer not available to refinance an existing Prospa loan that is within a no repayment period at the time of application, or in conjunction with any other Prospa offer. Offer may be withdrawn without notice. Standard credit approval criteria, fees, terms and conditions apply.

*WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.