Moneytech and Virgin Australia Business Flyer and Velocity Frequent Flyer partner to offer Velocity Points to business customers
Moneytech, a leading provider of SME Business Loans, has partnered with Virgin Australia Business Flyer and Velocity Frequent Flyer to offer its customers Velocity Points for their business that can be used to purchase a variety of goods and services through the Virgin Australia Business Flyer program.
“We are very excited to be a partner in the Virgin Australia Business Flyer program,” said Nick McGrath, CEO of Moneytech. “This partnership will allow our customers to earn Velocity Points for their business on their financial products, which they can seamlessly transfer to an employee or contractor of their business who is a Velocity Frequent Flyer member. It’s a win-win for both our customers and for Moneytech. SME’s have a strong understanding of credit cards with Velocity Points attached, what we’re offering is a unique way to earn Velocity Points through alternative lending products such as Equipment Finance, Line of Credit, Debtor Finance, Trade Finance and Term Loans, it’s a game changer.”
“We are thrilled to be working with Moneytech to bring the benefits of the Virgin Australia Business Flyer program to their customers,” said Nick Rohrlach, CEO of Velocity Frequent Flyer. “This partnership is a great example of how we are constantly looking for new ways to reward our Virgin Australia Business Flyer members and offer them even more value.”
Virgin Australia launched their new Virgin Australia Business Flyer loyalty program in April 2022 specifically aimed at rewarding small to medium-sized business with Velocity Points for business spending in the air and on the ground. Virgin Australia’s award-winning loyalty program Velocity Frequent Flyer recently passed 11 million members.
Founded in 2003, Moneytech has grown to become a leading provider of SME lending, with over $2.5 billion in lending per annum. The company offers a range of financial products, including lines of credit, debtor finance, trade finance, equipment finance, and term loans.