Aggregator solutions
Cut costs, grow your network and increase broker satisfaction
As an aggregator or broker group, your revenue is - to a large extent - limited. No matter how good you are, your commissions are fixed, so the only way to improve your bottom line is to grow your network or cut your operational costs. Or both.
But how do you do either without increasing your admin overhead or undermining your service quality to your brokers and lenders. The answer is simpler than you might expect...
A tailored broker administration solution
With a more efficient, cost-effective broker administration solution, you can expand your broker network and grow your revenue, while at the same time actually reducing your admin overhead.
We’ll help you dramatically improve commission payment accuracy and timeliness, as well as the collection and management of broker fees. So your brokers will never be underpaid, overcharged or kept waiting, and you’ll minimise troubleshooting and error-fixing time.
Plus we’ll help your broker support and compliance teams become more efficient and productive. We’ll collect, verify and maintain your broker information, accreditations, contracts and agreements for you, and undertake ACL and file compliance reviews on your behalf.
What’s more, by adding our white label lending products to your panel, you’ll attract more brokers. And when we, in turn, help your brokers process their loans more efficiently, they’ll write more loans, and you’ll grow your share of revenue.
Aggregator solutions
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Commissions
- Commissions processing software
- Commissions processing services
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Broker support
- Loan processing support
- Broker administration support
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Compliance
- File compliance reviews
- ACL compliance reviews
- Report preparation
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Lending
- Residential loans
- Commercial loans
- While label loans
APRA, ASIC & privacy compliance
All Loanworks solutions are fully compliant with the regulatory requirements set out by the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC). We have achieved ISO27001:2013 accreditation, which encompasses data security, privacy, business continuity practises and risk management practices. What’s more, Loanworks is an APP entity under the Australian Privacy Act, and we employ specialist legal support from a panel of law firms to ensure ongoing compliance with Australian Privacy Laws.
Service level agreement (SLA)
Loanworks can work with you to develop comprehensive service levels that reflect your unique business standards and requirements.
We’ll commit to delivering on these service levels with tight service level agreements (SLAs), and we’ll also conduct regular performance reviews throughout the engagement, to ensure your complete satisfaction.
Case studies
86 400
Digital neobank, 86 400, has its sights set on becoming a genuine alternative to the big four banks by delivering all the capabilities of a bank on a consumers’ phone. Currently in the process of obtaining an unrestricted banking licence, they plan...
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ALIC – Australian Lending and Investment Centre
Award-winning brokerage firm, the Australian Lending and Investment Centre (ALIC), needed loan administrative staff to support its rapidly growing network of brokers. Due to excessive labour costs, hiring local loan admin staff wasn’t compatible with...
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Mortgage Choice
Mortgage Choice Group needed experienced loan admin support to help their franchises grow their businesses and stay on top of the increasing complexity of loans. But employing local admin support had proved too costly and time-consuming. In fact, far...
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Talk to an expert
If you’d like to discuss a tailored solution for your aggregator business, to help you cut costs, and efficiently scale, please get in touch.
Call +61 2 9436 1311 now to speak with our Customer Relationship Manager, Jason Goodacre, or send him an email.
