What’s the secret ingredient to a fast growing brokerage?

| Nov 25 - 2 min read

Borrowers are turning to brokers in increasing numbers for their expertise, access to solutions and ongoing support. According to the MFAA, the broker channel accounted for 69.5% of loans written in the March quarter.

In today’s environment, it’s critical to stay ahead of the competition, capitalising on the increasing profile of brokers. If a business isn’t growing, it means its competitors are.

Loan Market welcomed this week’s Australian Broker’s Fast Brokerages 2022 report, in which 40% of the 52 businesses on the elite ranking are part of the Loan Market family.

So, what does it take to make the cut?

All entrants on the Fast Brokerages list must have recorded a year-on-year increase of 30% in revenue and settlements - a major achievement, even against the backdrop of heightened demand for brokers during and after the pandemic.

Loan Market partners with our business owners to provide them with a market-leading offering that supports their expertise, determination and commitment to customers which includes:

  • A proven business playbook and operating system that grows broker businesses faster
  • Cutting-edge marketing strategies and expertise to attract and retain more clients
  • Innovative tech that does the heavy lifting on lodgment and compliance
  • A superior customer experience at every touchpoint
  • Australia’s most productive Broker Community and referral network

Loan Market Managing Director Andrea McNaughton said: “Our USP is made up of several pillars, bound by an overarching commitment to growth for our brokers”.

“Our brokers are the most productive in the industry - last year increasing their average settlement volumes by 51%.

“Our brokers are the most productive in the industry - last year increasing their average settlement volumes by 51%.

“We help our businesses grow quickly, but we also do it sustainably, so our brokers feel in control on their journey.

“Whether it’s through upskilling our business in the productivity and compliance benefits of the award-winning MyCRM or helping them scale via our TalentForce team and Brokerversity, we’re clearing the path for our brokers to grow their businesses.

“If you want to transform your business and experience the growth that makes you a Fast Brokerage business, contact us today to learn more about our offering.”

Loan Market celebrates its businesses announced in this week’s Fast Brokerages list: