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Purple Circle adds another lender to its panel

Publication Date: Friday, 9 December 2022
This article originally appeared in The Adviser

Aggregator launches white label loans suite

Earlier this year, Purple Circle partnered with non-bank lender Brighten Home Loans to offer a new suite of white label loans.

Allium Money, which is funded by the non-bank lender, includes a suite of full doc and alt doc loan products available to prime, near prime, non-resident, and expatriate or resident borrowers with non-Australian-sourced income.

Greg Pennells, Purple Circle’s managing director, said at the time: “This innovative funder with expanded offering certainly enables our broker members to further bolster their relationship with not only their clients but also broader referral partnership groups.”

Brighten’s national sales manager, Chris Meaker, commented that both companies “share the same vision to lead the way in challenging the status quo by focusing on new ideas to provide our customers with innovative and effective lending solutions.”

“Purple Circle’s brokers will enjoy full access to Brighten’s competitive product offering, superior service proposition and market-leading SLA powered by our proprietary technology platform,” Mr Meaker said.