LMG deep dives into commercial and asset finance with PD days around the country

LMG will round out its inaugural commercial and asset finance professional development days next week with the final state-based session in Perth.

At the conclusion of Tuesday’s (July 25) WA event, more than 800 attendees - a combination of brokers and representatives from specialist lenders - will have heard the latest in tech and business updates, state-based market insights and support for diversification.

In fact, in asset finance alone, LMG recorded a 31% uplift in activity over the last financial year, with an average loan size of $104,000.

Brokers learned about the tech initiatives completed and underway at LMG:

• MyCRM and Nodifi’s integration, allowing brokers to refer asset finance or write deals themselves through comprehensive and compliant solutions for clients;
• LMG Commercial Hub, which allows brokers to refer commercial deals to a team of experienced brokers while retaining the client relationship;
• Pipeline integration for new commercial and asset finance deals within MyCRM;
• Expansion of the Asset Finance lender panel and integrations for submissions;
• An update of the platform’s interface;
• CX improvements across consumer, commercial and unsecured lending;
• And loads more.

Around the country, specialist brokers in asset finance including Will Hamer, Heath Williams, and commercial finance experts including, Daniel Green, Jean-Pierre Gortan and Neeraj Sareen spoke about how their careers have developed in the respective disciplines, and how brokers can expand their relationships with clients by offering the full spectrum of finance needs.

As part of the PD roadshow, brokers were also inspired by the motivations of guest speaker and big wave surfer Mark Visser.

Stephen Scahill, LMG’s Group Executive-Commercial, said the turnouts around the country showed the enthusiasm for brokers to diversify their businesses through best practice systems and support.

“One of the great benefits of our scale is to be able to connect like-minded brokers and run specialist events,” said Mr Scahill.

“The numbers in attendance underscore the appetite of brokers to use our best practice systems and support to diversify into commercial and asset finance, building strong relationships with their existing clients and opening up opportunities for new clients.”

Mr Scahill also thanked brokers and lenders for participating in the sessions.

“We had an enthusiastic reception from lenders because they recognise how we’re creating solutions, at scale, for our brokers to diversify efficiently and compliantly.”

Find out more about how LMG can help you run better, more profitable businesses. Chat to our friendly growth team.