Have the non-banks delivered on their promises?

With our Brokers on Non-banks survey soon coming to a close, we thought we would revisit what the non-banks had to say on their year ahead in our March issue roundup.
Jonathan Street, CEO, Thinktank
  • Variety of product enhancements
  • Marketing initiatives in the digital space 
  • The opening of first interstate office in Melbourne
  • Introduce a broader range of eligibility to commercial products
  • Have responded directly to a signi­ficant uplift in demand for their products and CPD-accredited commercial lending training workshops and mentoring programs. 
  • Preparations for a second small-ticket commercial securitisation following the success of their ­first transaction in the middle of last year. 

Murray Cowan, Owner, Better Mortgage Management 

  • offering competitive ‘outside the square’ solutions to our broker partners.
  • broadening our presence to those brokers who utilise non-banks/mortgage managers for full-doc, alt-doc and specialist lending solutions
  • increasing our education and support for those brokers who may not have a mortgage manager on their list of preferred lenders


Barrie Gaubert, Director, Iden Group
  • online submission and paperless workflow
  • brand new broker portal and new websites to come
  • new broker relationships along with new broker training tools and solutions. 

Iain Forbes, Director, Australian First Mortgage
  • focus on national growth and product innovation
  • additional funding lines
  • broader BDM footprint
  • increase our reach in our established markets and influence in new markets

Ray Hair, General Manager Sales, Homeloans
  • improve how we are positioned on the larger broker software platforms
  • improve our own website and tools to make it easier for brokers

Royden D'Vaz, National Manager Sales, Marketing and Distribution, Bluestone Mortgages

  • exploring innovative ways we can expand our product range and service niche groups that may be otherwise unable to secure ­ finance.
  • our sales team will continue to expand
  • adding new BDMs in Queensland and SA
  • providing market intel and tools to assist brokers in growing their own business 

Cory Bannister, Vice President and Head of Distribution, La Trobe Financial
  • the release of three new products in the ­first half of the year
  • enhancements to our existing range: an upgrade of our online loan lodgment system, and unique Virtual Settlement Room technology; 
  • launch of a new advertising campaign
  • expanding both our credit and sales teams 

John Mohnacheff, National Sales Manager, Liberty Financial
  • enhancements to our motor business
  • offer a broad range of innovative credit insurance solutions, 
  • offer general insurance options, including LFI’s Home and Motor Vehicle Insurance products, 

Mario Rehayem, Director of Sales and Distribution, Pepper
  • further improvements to some of our current products, as well as introducing brand-new products to market.
  • further increase broker and white-label partner support this year
  • enhance our Better Business e-learning hub by launching new online educational modules that will be developed in conjunction with top-tier law firms

Let us know your thoughts on these non-banks by completing our survey and you could win 3x bottles of Penfolds.