Assetline Capital expands shop front with consumer loans

Assetline Capital is pleased to announce the enhancement of Horizon Mortgages, its long-term product suite - increasing loan size limit and broadening its borrower eligibility.

Key features of Horizon Mortgages now include loan sizes up to $5m, loan-to-value ratios of up to 85% on residential and 65% for commercial, with prime, near prime and specialist lending options available.

This update also means that Horizon Mortgages are now available to individual, corporate, trust and SMSF borrowers.

Speaking about the updated long-term product suite, Royden D’Vaz, General Manager of Distributions and Partnerships says, “Since launching the first edition of Horizon Mortgages in late 2022, we’ve established ourselves as a trusted provider in long-term lending for full- doc, alt-doc and SMSF solutions. We’ve listened to our brokers and identified a gap in the non-bank lending space for a large long-term loan for residential securities.

By increasing the loan size to $5m and opening it up to individuals, we aim to help more brokers and their borrowers.”

This update represents a significant expansion in Assetline Capital’s full product portfolio, which includes long-term loans, short-term capital, construction and bridging finance. D’Vaz noted the demand for one-stop-shop lending has shown consistent momentum this year, and having all those products under the same roof, can help cater to this demand.

Established over a decade ago and with roots in short-term bridging, Assetline Capital is fast establishing a reputation as a full-service lender for a variety of borrowers offering a wide range of funding solutions.

“We’re here to provide brokers with a range of solutions so they can help more borrowers. Whether you’re refinancing a short-term loan into a long-term full doc loan, moving from a construction loan to a 30-year alt doc loan, or a bridging loan with an end debt, borrowers can easily roll into a long-term facility, and all with no clawbacks. With Assetline, transitioning from a short-term loan to a long-term solution can be simple and seamless,” advises D’Vaz.

This expansion follows a successful year of product developments, technology advancements and sales team updates for the non-bank lender.

“We’ve not only expanded our product offerings in the last few months, but we’ve also introduced State Managers and a Head of Commercial Lending to ensure brokers and our aggregator partners are fully supported and have the tools and expertise they need to service their borrowers," says D'Vaz.

For further media information and interview requests please contact:

Aoife Reilly, Group Marketing Manager

aoife.reilly@altx.com.au

0404 335 241