AFG revamps commercial lending platform

Broker feedback incorporated into system

AFG revamps commercial lending platform

AFG’s commercial lending platform has undergone a refresh, offering its brokers a streamlined experience.

The platform, called Business, includes enhanced features and an updated user-interface, delivering a user-friendly experience and reduced time to lodge, the aggregator said.

All AFG brokers can access the platform, where they can source and secure business finance products from a panel of 37 commercial and asset finance lenders.

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AFG national manager asset finance and commercial David Drinkwater (pictured above) said the platform, built in partnership with Biz2Credit in 2016, had been an “integral tool” in helping brokers diversify their income through commercial lending.

It’s generally acknowledged that all good technology requires enhancements and upgrades, he said.

“We’ve been listening to our members’ feedback and have concentrated on the ease of experience, not only updating the look and feel, but also making navigation easier and more intuitive,” Drinkwater said.

Further enhancements are in an ongoing pipeline of design, production and implementation, he said.

“The technology is only going to get better, and we always welcome suggested feedback from our members.”

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Initial feedback from AFG brokers had been positive Drinkwater said, particularly around the platform’s functionality and ease of use. The commercial lending platform is backed by a team of experienced, former commercial bankers.

The aggregator said it’s lender panel would continue to expand, making its value proposition attractive to brokers looking for technology to help them succeed in the commercial lending sector.

AFG currently has more than 3,500 brokers and access to over 70 Australian lenders.