Brokers on the Fintelligence network gain access to lender's range of business finance products
SME lender Moneytech has been added to the commercial panel of aggregator Fintelligence, expanding funding options for brokers using the platform.
The agreement gives brokers on the Fintelligence network access to Moneytech’s range of business finance products. These include asset and equipment finance, debtor and trade finance, working capital loans, and property-backed funding solutions.
Moneytech currently provides equipment finance loans of up to $2 million, trade finance up to $10 million, and debtor finance facilities reaching $25 million per borrower.
“This partnership with Fintelligence is about arming more brokers with the tools to say ‘yes’ to business clients looking for responsive, practical funding,” said Moneytech chief executive Nick McGrath (pictured above left). “We understand that access to finance can make or break an SME’s next move, whether that’s purchasing equipment, improving cash flow, or fuelling expansion. Our goal is to make that access as seamless as possible through the broker channel.”
Michael McEvoy (pictured above right), general manager of Fintelligence, described Moneytech as a strong addition to the panel, citing its “versatility across industries and deep broker engagement.”
Fintelligence operates what it claims to be Australia’s fastest-growing asset finance aggregation platform, connecting brokers to a range of consumer and commercial lending products from banks and non-bank institutions. Last year, Australian Finance Group (AFG) completed its acquisition of Fintelligence, formerly operating under National Finance Alliance, by purchasing the remaining 16.7% interest in the business.
AFG’s broker network exceeds 4,100 across the country, representing around one-sixth of the national mortgage and finance broker market.
Founded in 2003, Moneytech has provided over $7 billion in invoice finance to businesses across Australia.
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