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New BDM for Prospa

Australia-based non-bank SME lender Prospa has hired a new BDM for the New Zealand market.

Wednesday, November 20th 2019, 9:52AM

Adam Fasi, (pictured with Prospa general manager for New Zealand Adrienne Church), is tasked with supporting Prospa’s growing adviser network.

Fasi will work closely with new and existing partners to increase awareness of the Australia-based alternative lender, and help deliver funding to small businesses across the country.

Prior to joining Prospa, Fasi was sales development manager at Eclipx Commercial New Zealand, and area manager at FlexiGroup NZ Limited.

He will be based in Auckland, and has more than a decade’s experience in sales, including time as a sales adviser for Youi Insurance, Prospa said.

Adrienne Church, general manager of Prospa New Zealand, said:

“We’re excited to have Adam on board at Prospa as we continue to expand our New Zealand operations. Adam has great industry experience and a proven track record that will help us deliver our vision to keep small business moving. Growing our local team is just one way we’re supporting our partners to diversify and seize the opportunities in small business lending.

“In the past three months alone, we’ve increased our maximum loan amount to NZ$300,000, expanded the Express Path limit to applications up to NZ$150,000 and launched a range of marketing and education resources for partners. It’s fantastic to have someone as passionate as Adam to help us deliver those ‘wow’ moments for advisers and their small business clients.”

 

Tags: Lending non-bank lenders Prospa SME

« New owner, MD for Century 21Pepper hires new BDM »

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Lender Flt 1yr 2yr 3yr
AIA 4.55 2.29 2.59 2.65
ANZ 4.44 2.89 3.25 3.39
ANZ Special - 2.29 2.69 2.79
ASB Bank 4.45 2.29 2.59 2.65
Basecorp Finance 5.49 - - -
Bluestone 3.49 3.34 2.99 3.34
BNZ - Classic - 2.29 2.59 2.79
BNZ - Mortgage One 5.15 - - -
BNZ - Rapid Repay 4.60 - - -
BNZ - Std, FlyBuys 4.55 2.89 3.19 3.39
BNZ - TotalMoney 4.55 - - -
Lender Flt 1yr 2yr 3yr
CFML Loans 4.95 - - -
China Construction Bank 4.49 4.70 4.80 4.95
China Construction Bank Special - 2.65 2.65 2.80
Credit Union Auckland 5.45 - - -
Credit Union Baywide 5.65 3.95 3.85 -
Credit Union South 5.65 3.95 3.85 -
First Credit Union Special 5.85 2.95 3.45 -
Heartland Bank - Online 2.50 1.99 2.35 2.45
Heretaunga Building Society 4.99 3.40 3.50 -
HSBC Premier 4.49 2.25 2.35 2.65
HSBC Premier LVR > 80% - - - -
Lender Flt 1yr 2yr 3yr
HSBC Special - 2.25 - -
ICBC 3.69 2.25 2.35 2.65
Kainga Ora 4.43 2.67 2.97 3.13
Kainga Ora - First Home Buyer Special - 2.25 - -
Kiwibank 3.40 3.20 3.50 3.50
Kiwibank - Offset 3.40 - - -
Kiwibank Special 3.40 2.35 2.65 2.65
Liberty 5.69 - - -
Nelson Building Society 4.95 3.20 3.24 -
Pepper Essential 4.79 - - -
Resimac 3.39 3.35 2.99 3.35
Lender Flt 1yr 2yr 3yr
SBS Bank 4.54 2.79 2.99 3.29
SBS Bank Special - 2.29 2.49 2.79
Select Home Loans 3.49 3.34 2.99 3.34
The Co-operative Bank - First Home Special - 2.09 - -
The Co-operative Bank - Owner Occ 4.40 2.29 2.59 2.79
The Co-operative Bank - Standard 4.40 2.79 3.09 3.29
TSB Bank 5.34 3.09 3.29 3.45
TSB Special 4.54 2.29 2.49 2.65
Wairarapa Building Society 4.99 3.55 3.49 -
Westpac 4.59 3.09 3.29 3.39
Westpac - Offset 4.59 - - -
Lender Flt 1yr 2yr 3yr
Westpac Special - 2.29 2.69 2.79
Median 4.55 2.73 2.99 2.80

Last updated: 20 April 2021 11:12am

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