More brokers gain access to Funding and N1 Holdings' specialist products
LMG, Australia’s largest mortgage aggregator, has broadened its commercial lending panel by adding two new specialist lenders — Funding and N1 Holdings.
Funding, a Gold Coast-based lender, focuses on simplifying the loan process for brokers working with small to medium-sized enterprises (SMEs). By joining LMG’s panel, the company is expected to strengthen brokers’ capacity to support clients seeking business and construction finance, providing access to a national support team and promising rapid loan turnaround.
“We created Funding to be the kind of partner brokers can count on when timing is everything,” said Funding chief executive Jack O’Reilly (pictured above centre). “Our focus has always been on fast decisions, flexible terms and personal support. We are excited to work with LMG brokers and help deliver great outcomes for our clients.”
Also joining the panel is N1 Holdings, an ASX-listed private credit provider with a lending capacity exceeding $250 million. The lender targets asset-rich but cash-flow-constrained clients, including SMEs, self-employed borrowers, and property investors. N1 offers structured non-bank credit deals and uses an AI-driven credit tool designed to streamline application processes for brokers.
“Joining LMG’s lender panel reinforces our commitment to supporting brokers with fast, reliable and structured funding,” said Ren Hor Wong (pictured above right), founder, executive chairman and chief executive of N1 Holdings. “In today’s lending environment, brokers need partners who not only move quickly, but also think commercially – that’s where N1 excels.”
Last month, LMG also added Selfco to its panel, expanding its asset finance offering for brokers across Australia and New Zealand. The move introduces more choice in vehicle and equipment finance, an area in which Selfco specialises.
Stephen Scahill (pictured above left), group executive of commercial finance at LMG, said the combined additions of Funding, N1 Holdings, and Selfco significantly boost the resources available to brokers operating in specialised lending segments.
“We want to offer value and options to our brokers and their clients,” Scahill said. “Both Funding and N1 Holdings provide brokers with extended options across the commercial finance space, allowing LMG brokers to continue to support their clients deeper than before, with flexible credit options, simple applications, and faster processes.”
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