Commercial Lending Update for Vow Financial
As our financial year 2019/20 closes we acknowledge our top 4 lenders for the year, ANZ /NAB/La Trobe and Liberty Financial. Even through COVID-19, our settlement numbers remain strong through both Commercial Lending & Equipment Finance products with us settling over $1.5billion in settlements.
The take-up by many new loan writers referring to either our National loan specialists in Equipment Finance or the Platform Group, saw a strong increase in volumes year on year with over 3000 loans settled.
I also acknowledge our top National Commercial loan writer this year in Travis Fulton from Lantern Capital based in Victoria, along with fast-growing new Commercial loan writers in Duncan Chen & Kelvin Shang of Peoples Mortgages who were number 1 in NSW. Special recognition also goes to Kelly and Ian Fraser who were the recipients of our Ambassador of the year award for 2020.
We continue to look at funding options with new lenders entering the Commercial markets, that we deem will help your customers business needs. Planning for our 7th Commercial Conference in 2021 is already well underway planned for May in Bryon Bay, this conference rewards and acknowledges the brokers that excel in these markets.
If seeking training to diversify into these product markets in this new financial year, do not hesitate to contact your BDM or Glenn Mitchell to discuss options and opportunities!