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Please be aware of the following;

  • As a blog style website there can be a lot of historical content contained within this website that is out of date and no longer applicable. This content must only be used for historical reference purposes.
  • Ability Finance, through choice, no longer represent some lenders who may be historically referred to within this website.
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Lenders Removed From Our Panel

Submitted by administrator on Wed, 27/01/2010 - 5:09pm

Due to minimum volume requirements imposed by Commonwealth and Westpac Ability Finance now do not have these 2 lenders on our panel.

Placing minimum volume requirements on a finance broker is not a reason for us to recommend a bank to our customers.

Some good reasons for us to recommend a bank or lender to our customers would be;

  • A competitive deal
  • Acceptable level of service
  • Long term customer satisfaction

We wont miss one of these lenders one little bit and it is really disappointing that we actually supported the other when they were competitive, by placing the majority of our business with them.

Both banks made the offer for us get re accredited for a fee but what is the point if they are not competitive as we wont be setting any of our customers up with an uncompetitive deal?

If I were in a business providing a product or service through other businesses and one of the other businesses was not providing my business with sales I would have at least made contact with the other business to ask why and to see if there was any thing that could be done to increase business exchange.

Recently RAMS announced they are no longer offering products or services through finance brokers.