8. Acceptance Finance

8. Acceptance Finance

Proudly Sponsored By: Commonwealth Bank

Acceptance Finance says culture is the corner stone of its business. Being authentic and working with like-minded people is what has helped the brokerage grow, says head of operations Jonathan Cornish. A diversified business, it offers solutions ranging from home loans to commercial loans, vehicle and equipment finance and SMSF lending.

“Our business is founded on the building of mutually beneficial relationships between brokers, referrers and clients,” Cornish says. “Our team have similar principals around work-life balance, ethics and their purpose, which complements our business strategy.”

Over the past year, the brokerage has focused on servicing clients and on what it could directly control during the uncertainty surrounding the royal commission. Now it is working through the likely impacts of COVID-19 and how it can mitigate them.

“We are working ... to ensure we can stay together whilst riding out the current uncertainty and expanding our network so that when the environment improves we are in a position to thrive,” says Cornish.

Total loan book: $1,341,000,000
Total settlements, 1 March 2019 – 29 February 2020: $369,500,000
Number of loan writers: 21
Avg. annual volume/broker: $17,595,238
Conversion rate: 90.3%