A growing network of finance brokerages is joining Zetara Finance Partners to add business lending to their portfolio of services – and the outcomes benefit SMEs eager to investigate a non-bank lending option. One of the top reasons why finance brokers choose to work with Yuan Chong and Zetara Finance, is that they are simply not geared to go through the process of handling applications for business loans. With his help, they are able to build business lending divisions or offer business loans without incurring extra pressure on operating costs and internal resources.
Yuan’s network of brokers is not unwilling to offer financing to businesses, but since this area falls outside their core area, the time and expense required to handle the resulting workload has prevented them from exploring this market segment. Yuan and his team, on the other hand, specialize in this field, and Yuan’s established reputation in the world of finance makes him a trusted partner with whom they are happy to work.
When Yuan Chong first conceived the concept that was to become Zetara Finance Partners, the current threats to the survival of potential business loan beneficiaries’ survival was still an almost-unimaginable contingency. There was, nevertheless already a demand for business lending, and the current situation merely underlines how businesses who would otherwise be strong can still find themselves experiencing troubled times through no real fault in management, planning, or business viability.
2020 has seen demand for business loans skyrocketing. With many small and medium enterprises struggling under the burden of lockdowns and supply chain disruptions, and with bank loan applications requiring lengthy processing times, the demand for rapid, non-bank lending options is on the rise. The impact of Covid-19 on business, and the knock-on effect of supply chain disruptions were unprecedented and could not have been predicted when prospective loan beneficiaries undertook their financial planning. Nevertheless, for those referred to brokers by ZFP, the challenges of 2020 are something that they can easily overcome – with a little help.
Apart from the opportunity for non-bank lenders to enhance their customer base by partnering with Yuan Chong and Zetara Finance, there’s also the matter of personal connection. Many finance professionals will recognise Yuan as someone they’ve worked with in the past. His reputation for highly ethical practice is well-known in the financial services industry, and with a partner they can trust, there’s every reason for lenders to secure business through his service.
With Zetara Finance Partners, the bottom line will always be a high standard of ethics and mutual benefit for all concerned. Clients seeking finance will receive the best possible advice and, should they pass ZFP’s highly-efficient and focused screening process, a referral to the best-suited broker. For brokerages partnering with ZFP, there’s the certainty of being offered opportunities that benefit their businesses. It’s this win-win situation that energizes Yuan Chong and that keeps Zetara Finance growing, both in terms of partnerships and customer base.
For more information visit the Zetara Finance – Funding Your Business Towards Success website or call their team of experts on 0482 619 996.