Non-bank expands NSW sales team

Non-bank lender Assetline Capital has announced the appointment of Laura Stanley to its NSW sales team.

The lender stated the new addition to the team strengthens its continued focus on “delivering short- and long-term lending solutions” to Australian borrowers.

Ms Stanley, who has already commenced with her new role, brings over a decade of experience in the mortgage broking space and will provide a point of contact to the state’s growing broker base.

Her role includes offering more opportunities for face-to-face support during the loan process, leading to streamlined approvals and better outcomes for brokers and their customers, according to the lender.

Ms Stanley will work with brokers and aggregators in metro and regional NSW in order to expand Assetline Capital’s footprint in the state.

Assetline Capital’s national head of sales and distribution, Royden D’Vaz, welcomed the newcomer to the sales team: “Laura is an outstanding choice to grow our team in New South Wales; having worked in the broking space for more than 10 years, she brings a deep understanding of the needs of brokers and their clients.”

Commenting on her new appointment, Ms Stanley said: “Having done deals with Assetline Capital as a broker in the past, I have seen the time, care and dedication that goes into their deals.”

“I’m excited to now be on the other side working with the broking community and their clients.”

Alt Doc Construction loan launched

The appointment of Ms Stanley is the latest in a string of developments for Assetline Capital, which has also included the launch of its Alt Doc Construction product in early February.

The Alt Doc Construction product offers funding for company and corporate trust borrowers for ground-up construction of houses, duplexes, and townhouses and for structural renovations.

The new product aims to provide more opportunities for borrowers who require construction loans between $1 million and $5 million with a 70 per cent loan-to-value ratio (LVR) for a period of up to 18 months.

Mr D’Vaz commented on the new product following its launch: “We have seen tremendous growth in the last year from product launches like the Clinch Bridging Loan and Alt Doc Construction to growing our sales team in Queensland, Western Australia, and South Australia, so it’s essential that we have an experienced and talented sales team to cater to our full broker network.”