Australia Post will begin this week under a new partnership agreement directing customers in need of business finance to the Valiant Finance credit platform.
The government Business company Australia Post will begin referencing this week Customers in the corporate loan market Valiant Finance.
Starting this week, Australia Post’s brick-and-mortar and online small business customers can be referred to Valiant for help finding a suitable loan through the Business Loan Marketplace.
The Valiant platform will be integrated into Australia Post’s website and retail POS systems allow small businesses to get an online quote and book an appointment with a corporate finance specialist at a time that is convenient for them.
The recommendations are also available at 3,500 Australian Post locations across the country.
Paul Barker, Director of Strategic Partnerships at Valiant, said: “We are very excited to be partnering with one of Australia’s best-known brands and one that shares our passion for helping Australian businesses.
“Providing access to corporate credit providers for Australia Post customers represents ours Largest white label expansion to date. “
Deanne Keetelaar, General Manager, Payments and Financial Services at Australia Post, said: “We are” proud of the role our post office network is already playing in expanding access to key government agencies, and Providing financial services to communities across Australia, particularly in regional and remote locations.
“We know small business owners rely on us to connect them with products and services that will help them prosper, so we see this service as a natural extension of the support we already offer. “
Valiant recently teamed up with other large companies as well, including Qantas, to offer loan options from a panel of 50 lenders and allow SMB clients to compare prices, terms and fees.
The announcement comes as Australia Post battles a corporate spending turmoil that led to the the resignation of CEO and Managing Director Christine Holgate on Monday (November 2nd).
Ms. Holgate – who has been at the helm since October 2017 – has stepped down from her role following the reveal she bought nearly $ 20,000 in Cartier watches for executives who helped secure the [email protected] Deal with three of the major banks in November 2018.
Prime Minister Scott Morrison has ordered an investigation into the matter, on which Ms. Holgate and Australia Post’s board of directors and management have stated that they are ready to provide “full cooperation and assistance”.
The g. the Australian PostGroup CFO, Rodney Boys took over the helm as acting CEO and MD.
Annie Kane is the editor of The Adviser and Mortgage Business.
In addition to writing about the Australian brokerage industry, the mortgage market, financial regulation, fintechs and the wider credit landscape, Annie hosts the Elite Broker podcasts and In Focus and The Adviser live webcasts.