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RedZed today (14 February) has announced a Valentine’s Day rate offer on selected loans for new business.
The “With love, from RedZed” campaign sees a reduction in most interest rates on SE Prime full documentation and alternative documentation residential loans, select residential specialist loans, and its residential and commercial SMSF loans.
Further, the application fee has also been reduced for the standard commercial range; interest-only loading has been reduced for RedZed’s commercial Prime product; and interest-only loadings have been waived for SMSF products.
Commenting on the announcement, RedZed’s managing director, Calvin Cordle, said the lender is “sharing the love”.
“We’re sharing the love with brokers and the self-employed this Valentine’s Day, and for the foreseeable future, by lowering most of our rates and adjusting select loadings and application fees,” he said.
“RedZed is committed to supporting brokers and small business owners in achieving their goals. By implementing these rate, fee and loading adjustments, we are not only making our loans more accessible to self-employed Australians but also equipping brokers with competitive solutions to offer to their clients.”
RedZed is hoping that this campaign will familiarise brokers with some of the specialised offerings available with the lender.
“We hope these rate changes will incentivise new brokers to give us a go and explore RedZed’s offering. Once they do, we know they will be blown away by the first-class service provided by our in-house and Australian-based credit, settlements and sales teams,” Cordle said.
“We also look forward to reconnecting with brokers who have previously partnered with us and helping them further grow their businesses.”
Many small businesses are struggling with low consumer confidence and a persistently high interest rate. Catering to these organisations through specialised loans, RedZed is hoping the newest offer will provide some much-needed support.
“We understand the unique challenges small business owners face and firmly believe that this vital sector of society deserves equal access to competitive finance solutions. They also deserve to experience a seamless lending process as they work to achieve their dreams – something we proudly offer at RedZed.”
“When our customers enjoy their lending experience, they win and their broker wins. So, we encourage brokers to look at the exciting changes we’ve made and reach out to their local RedZed BDM to find out what’s possible,” concluded Cordle.
The newest offers are available from today and the rate, fee and loading adjustments apply only to new business.
