It also completes $136 million acquisition deal
Resimac Asset Finance has welcomed highly experienced BDMs in Queensland, Victoria, and Western Australia, as well as completing the acquisition of a $136 million equipment loan portfolio from Thorn Group.
The firm has recruited Alex Zanfirache (Qld), Mark Buckland (WA), and Stephen Light (Vic) (pictured above from left to right) in a move that expands the company’s reach and enables it to serve more brokers across Australia.
Zanfirache is a former Moula BDM with a wealth of experience in asset finance broking and commercial lending and a passion for relationship-building. It was reported that he is thrilled to be a member of a team challenging larger market players.
Light has more than three decades of experience as a career asset finance professional, working for lenders, aggregators, and broking groups. The asset finance professional recently worked as a BDM for Connective Asset Finance.
Buckland has more than 20 years of finance industry experience in Western Australia, including asset finance. He enjoys working with brokers and making a difference to their business.
In a media release, Michael Moloney, general manager at Resimac Asset Finance, said Zanfirache, Light, and Buckland “are excited to be part of a growing team and are committed to helping us achieve $1 billion in settlements this financial year.”
The new hires form part of Resimac Asset Finance’s rapid expansion, with the company’s sales team growing from two BDMs to 12 in the past two years.
Earlier this month, Resimac Asset Finance also completed its acquisition of a $136 million equipment loan portfolio from Thorn Group, providing the business more reach and presence, Maloney said.
“The Thorn deal demonstrates how serious we are about providing great products and service to asset finance brokers across Australia,” he said. “We are keen to work with brokers who haven’t tried Resimac Asset Finance before and show them why so many of their peers are forming relationships with us.”
The deal will see Resimac Asset Finance serving those brokers previously served by Thorn and introducing them to a range of flexible and competitive products.
To support business growth, the asset finance provider has launched a new, user-friendly originations platform that provides existing accredited brokers end-to-end oversight of the progress of their application, greatly improving their processing speed.
Using the platform, brokers can gain a reduced rate on motor vehicle finance (7.99%) for eligible applications lodged through the new platform. The offer applies to deals worth between $5,000 and $250,000.
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