FOR LENDERS: If you are a short term business lender, caveat lender, or 1st and 2nd mortgage lender, being a member of ASTLA is an asset in so many ways.
Firstly, you get access to 'member intelligence' in the exclusive Members Only area, which is a powerful weapon for any private lender. It is a cooperative forum which alerts fellow members to fraudulent deals, and also provides legal tips and other market intelligence.
Secondly, you are authorised to carry the ASTLA logo on your stationery and website. With the marketing that ASTLA does, this becomes a recognisable symbol of integrity which will set you apart from non-ASTLA members.
Thirdly, you become part of the critically important campaign to stop further adverse changes being made to the The Credit Act and NCCP in 2011. Should we all stay silent, the Federal Government will only hear ill-informed but vocal opponents, which will lead to short term business lending and most private lending leglisated out of existance.
To find out more, please call (03) 9759 8500
Or to apply, simply complete the Application for Membership (Lender Status) by clicking HERE.
FOR FINANCE BROKERS: More and more finance brokers are writing short term business loans for their clients. However feedback from brokers has been overwhelming, with many stating that recent changes to the credit code (bringing finance for residential purposes under the Consumer Credit Code) has caused great harm for many of their property investor clients, as well as concerns over further adverse changes in Phase 2 of the Credit Reform Bill.
As brokers, your role is to find solutions for your clients, and short term business loans have been a terrific solution for those business clients who need access to funds in 1 or 2 days. If certain consumer advocacy groups have their way, short term business lending could be leglisated out of existance.
The role of ASTLA is to present our case to Government, and show the merits of short term business lending, and how it has helped so many small businesses. Unfortunately, Goverment has only been hearing one side of the arguement, which is the tainted view that short term business lending is somehow a form of loan sharking. We know that there has been the occasional unscrupioulas lender over the years, and we are keen to drive any that may be remaining, out of the market.
If you are a broker who writes many or even just the occassional short term business loan, we want your help! We need your feedback, and your support as a Member to keep Short Term Business Lending alive... for both the benefit of your business and your clients.
If short term business lending is leglislated out of existance, you can no longer arrange urgent short term finance solutions for your business clients, and small businesses across Australia will be negatively impacted by further tightening of business lending... which will simply stifle their ability to take advantage of growth opportunities as they arise.
IMMEDIATE BENEFITS FOR YOU... As a Broker Member, you are authorised to carry the ASTLA Broker logo on your stationery, emails and website, etc. With the marketing that ASTLA does, this becomes a recognisable symbol of integrity which will set you apart from non-ASTLA members. You also receive updates as they come to hand, on the direction of Government policy and ASTLA's efforts with Government.
To find out more, please call (03) 9759 8500
Or to apply, simply complete the Application for Membership (Broker Status) by clicking HERE.
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