Moneytech launches new origination platform
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A new interactive platform launched by small business lender Moneytech will significantly enhance the application process for brokers and customers
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MONEYTECH'S new online platform will significantly change how referral partners and customers deal with the non-bank small business lender.
“We are continually evolving our tech stack and products. We recently launched our new enhanced EF product which uses our proprietary technology to make the application process simple, and with real-time indicative approvals and competitive rates it’s a great option for our referral partners,” says CEO Nick McGrath.
The portal will also allow brokers and referral partners to track what business they have placed with Moneytech, as well as providing multiproduct pre-approval for customers.
“This is a very exciting development for Moneytech. Multiproduct pre-approval not only provides peace of mind for the customer, it also allows the partners to cross-sell to their clients and seek a solution with one lender, rather than multiple applications across multiple lenders,” McGrath says.
Moneytech has been working hard behind the scenes on its tech stack. “At our core, we are a lending business that is building innovative tech to support our referral partners and customers,” says McGrath.
We are Australia’s only purpose-built and fully integrated business growth platform.
More. It's what we're all about. More finance to help you grow. More expertise to make sure it happens. More inventive financial solutions to make things simpler. And more listening so we can customise, or even develop, the perfect financial solution for your business. More frees you from your day-to-day worries so you can get on with the business of growth. And we're driven by a burning desire to help you accelerate that growth. We're Moneytech.
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Nick McGrath, Moneytech
With the new CTO, Nick McAvoy, taking the helm in February this year, the tech roadmap has changed significantly.
“Keeping up to date with technology is vital to the survival of any business; however, we want to be one step ahead of the curve, and the team are continuously looking for innovative solutions to make doing business with Moneytech easier for our partners and customers,” says McAvoy.
Collaboration has been key to getting this massive project off the ground. “Our IT team has worked very closely with sales, marketing and operations to get an internal perspective, and we have also engaged a few of our key referral partners to get their advice on what they would like to see,” says McGrath.
Nick McGrath, Moneytech
At the recent Pinnacle Partners conference in Uluru, the new portal was showcased to 40 of Moneytech’s key referral partners.
“The feedback from our partners in Uluru was invaluable. Most pleasing was the feedback that we are on the right track and with a couple of tweaks the portal will be even better,” McGrath says.
“Nick McAvoy has his work cut out now!” he adds jokingly.
“Customers and referral partners are looking for choice and lenders that provide an easy, seamless experience, along with great customer service and a strong and varied product suite. We believe this will set Moneytech apart in an extremely competitive environment,” says McGrath.
To find out more, check out moneytech.com.au or speak to your Moneytech BDM.
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“Customers and referral partners are looking for choice and lenders that provide an easy, seamless experience, along with great customer service and a strong and varied product suite. We believe this will set Moneytech apart in an extremely competitive environment”
“With our new online portal, referral partners are able to submit one application, which will provide a multiproduct pre-approval for customers. This gives Moneytech a significant point of difference and simplifies the referral partner and broker experience, providing peace of mind”
A new interactive platform launched by small business lender Moneytech will significantly enhance the application process for brokers and customers
A new interactive platform launched by small business lender Moneytech will significantly enhance the application process for brokers and customers
“With our new online portal, referral partners are able to submit one application, which will provide a multiproduct pre-approval for customers. This gives Moneytech a significant point of difference and simplifies the referral partner and broker experience, providing peace of mind”
Nick McGrath, Moneytech
“With our new online portal, referral partners are able to submit one application, which will provide a multiproduct pre-approval for customers. This gives Moneytech a significant point of difference and simplifies the referral partner and broker experience, providing peace of mind”
Nick McGrath, Moneytech