AFG adds Prospa to its business lending panel

Australia’s largest mortgage broker, Australian Finance Group (AFG), has added Australia’s largest online business lender Prospa to its lending panel.

AFG Managing Director Brett McKeon said the company will promote Prospa’s small business loans through its 2,300-strong broker network.

Mr McKeon said the agreement with Prospa continues AFG’s commitment to ensuring its member brokers have access to the best and most competitive products for their customers.

“We provide our brokers with industry leading technology, support and services to help them grow their businesses,” Mr McKeon said.

“We stated in our recent Prospectus that we would pursue growth opportunities to provide additional products through our member broker network, and Prospa’s loan offering is complementary to our existing products.”

Prospa is Australian-owned and provides unsecured loans to Australian small businesses.

Download Media Statement: AFG Adds Prospa to its Business Lending Panel