Smartline adds SME lender to panel

Smartline adds SME lender to panel

Smartline Mortgage Advisers has brought SME lender Prospa onto its lender panel to provide Smartline brokers with “greater product choice for their small business clients”.

Prospa offers business loans between $5,000 to $300,000 and recently introduced a line of credit product.

Speaking of the new partnership, Smartline CEO Sam Boer commented: “Small business owners are finding it increasingly difficult to access the capital they need, and we know they’re looking for alternative funding options.

“Smartline’s new relationship with Prospa will provide our brokers with a broader range of finance solutions to support their clients’ ventures and help them get ahead. They are an industry leader who appreciates that small business owners sometimes need a different approach to finance. We are thrilled to welcome them to our panel.”

Meanwhile, Matt Bauld, Prospa’s executive general manager of sales and business development, emphasised that brokers are “an important part” of Prospa’s business model”.

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Source: Smartline adds SME lender to panel – The Adviser