CEO lauds company's achievements
LoanOptions.ai has announced the expansion of its service to New Zealand.
The loan comparison tool provider has partnerships with more than 70 lenders in Australia, including Macquarie Group, CBA, Westpac, ANZ, NAB, Latitude, Plenti, Prospa. It is set to launch in New Zealand with up to 20 lenders.
In a news release, LoanOptions.ai said it has been selected as a finalist at the Awards of Supremacy for the Finance Brokers Association of Australia’s Industry Supplier of the Year and has been shortlisted for the Deloitte Tech Fast 50. Its founder and CEO, Julian Fayad (pictured), is also a finalist in the “Sydney Young Entrepreneur Awards” for a second year.
“We’re thrilled to be expanding across shores and bringing our award-winning platform to New Zealand,” said Fayad.
“Ours is the only platform that will provide applicants with quotes from lenders for loans that they are actually eligible for using our advanced credit matching engine and AI algorithms.”
He said with the platform, applications can be processed in under eight minutes “with no impact to [customers’] credit score.”
The company is expecting to actively trade in New Zealand before the end of the year.
LoanOptions.ai offers a loan comparison tool. It utilizes artificial intelligence to analyse data real time and present to clients recommendations that are tailored according to their preferences and situation for all types of loans including business, personal, vehicle, equipment, working capital, and asset finance, among others.
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