MA Money has doubled its loan book in just nine months, surpassing $4 billion in loans under management after reaching the $2 billion milestone in December 2024.
Chris Wyke, Joint CEO of MA Financial, said the milestone underscores MA Money’s growing momentum and commitment to the broker channel.
“Reaching $4 billion in loans under management in such a short time is a testament to our strong partnerships with brokers and the disciplined way we’ve scaled the business,” he said.
“We’ve kept our promise to keep things simple for brokers, deliver fast and consistent credit decisions, and invest in the tools and people that make their experience better. With our upcoming entry into commercial lending, we’re confident we can continue to support brokers to diversify and grow their businesses with us.”
Mr Wyke said over the past year, MA Money has continued to invest in technology and people to make the lending process simpler, faster, and more reliable for brokers.
“This includes the implementation of loan origination platform Cinch, designed to streamline credit assessment and loan processing, while continuing to uphold our 48-hour service level agreement (SLA) to conditional approval,” he said.
“Broker feedback has also led to the introduction of ApplyOnline, providing broker access to the submission system they know and trust.”
National Sales Manager, Tim Lemon, said MA Money’s growing team of highly experienced BDMs is focused on delivering service that brokers can rely on, supported by quick yes/no answers from a dedicated scenario specialist.
“The business has also laid the foundations for its next phase of growth with the appointment of Craig Stuart as Head of Commercial Lending, a strategic move ahead of the upcoming product launch, that will ensure brokers and their clients will have access to the same service excellence in the commercial space,” he said.
MA Money Financial Services Pty Ltd ACN 639 174 315 Australian Credit Licence 522267
