Move into Commercial Lending

Marketplace Finance Commercial Webinar Episode 2

Episode 2 of our webinar series - Commercial Business - where Marketplace Finance Relationship Manager (Southern Region) Ellessa Demarco will be talking about how you can diversify into commercial lending through our referral program which will assist in bringing in new clients, generating new revenue streams and reducing client run off.

She will also be joined by Mark Occhiuto - Sales Director at Fifo Capital - and Sam Henley - Senior BDM at Fifo Capital.

Overview of Fifo Capital

Flexible, fast business finance for cash flow gaps and growth.

At Fifo Capital they recognise the importance of working in partnership with your business. They partner for your success by designing finance solutions that realise your potential. Whether you’re looking for an alternative to a bank, or you’re just seeking a company that will focus on your needs not their products: they can help.

They specialise in solutions that will boost your cash flow and allow you to manage day-to-day costs or enter that next phase of business growth. If you’re looking for fast access to cash there’s no need to compromise on quality or service. With Fifo Capital you can enjoy 1:1 support from a business expert who can help you to choose the right product for your business and your circumstances.

These episodes will be streamed live for one hour from 11am AEDT every two weeks and are FREE to attend.

Once you've registered below you'll receive the TEAMS Meeting ID and passcode included in your email confirmation plus you'll be added to our calendar invite.

$14.1 M mixed townhouse and apartment development on ACT Fringe??

Referrer based on Sydney’s Northern beaches and has no presence or any real knowledge of the ACT property development market.??

The client had a deal on the table for the construction and was seeking a better deal if possible.

Deal formally submitted in October 2021 and settled in mid 2022.

Originally approved funder withdrew their letter of offer due to construction delays and credit overlays giving us the opportunity to find another lender late in the process.?

We logged over 450 calls and emails on across both transaction, to client, builder, values, funders, quantity surveyors, etc over the life of the deal. Our commercial broker and his associate travelled to the site twice to meet with the client and the builder.??

The client did get a better interest rate and funding terms than they originally had sourced for themselves. They were very happy with the new deal we were able to present.

Our referral partner shared in the commission, with the revenue being from both a success fee paid by the client and brokerage from the lender

Please reach out to one of our Relationship Managers below to discuss becoming a partner with Marketplace Finance or to discuss any commercial lending scenarios.

Ellessa Demarco - Relationship Manager, Southern (VIC/TAS/SA/WA)

M :?0476 777 222

Peter Harris - Relationship Manager, Northern (NSW/ACT/QLD)

M : 0439 555 222