Bluestone and Angle Finance partner to boost broker diversification

Explore asset finance through a webinar in November

By Mina Martin

14 Oct 2023

Bluestone Home Loans and Angle Finance have entered into a strategic partnership, with the goal of supporting mortgage brokers in expanding their businesses through asset finance services.

The two non-banks have collaborated to streamline the process for mortgage brokers to use their Bluestone accreditation with Angle Finance, by simply filling in a form.

Angle Finance specialises in finance for commercial assets, assisting brokers with customers seeking finance for commercial vehicles or equipment. The Australia-based non-bank is committed to speed and ease of collaboration and offers a concierge service to guide brokers through the entire loan application process.

“Over 50% of Bluestone’s customers are self-employed, so it made sense to provide our brokers with the opportunity to grow their businesses by offering an asset finance solution to their self-employed clients – even if you haven’t written asset finance before,” said Tony MacRae (pictured above left), Bluestone’s chief sales officer, in a media release.

Bluestone and Angle Finance are both under the ownership of the global investment firm Cerberus, which enables them to make the accreditation process easier. Brokers accredited by Bluestone can achieve accreditation within just 24 hours by submitting a simple form.

Craig Edwards (pictured above right), CEO of Angle Finance, said the non-bank boasted user-friendly processes that draw in a growing number of mortgage brokers to select Angle as their finance partner.

“Once accredited brokers are trained by our new concierge team, the ‘My Angle’ portal qualifies your customer, and our team takes care of the contracts and paperwork,” Edwards said. “We provide faster, easier finance to help you grow and diversify your business.”

Bluestone and Angle Finance will be hosting an informational session on asset finance on Nov. 1. This event is tailored for mortgage brokers looking to expand their business into asset finance or seeking insights into how Angle can assist them. Register for the webinar here.