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AFG has partnered with specialist cashflow lender and M&A advisory firm TrailBlazer Finance to establish a trail book marketplace for brokers.
The new marketplace arose from a successful pilot program last year, which is part of AFG's commitment to support brokers until they end their broking career.
"The purchase and sale of a trail book is an important decision. For brokers, their trail book is their largest asset, and it was important to us that they have full access to information that supported their decision making and was independent of AFG," said Chris Slater, head of sales and distribution of AFG.
Under the deal with TrailBlazer, AFG brokers will have a single point of contact whose sole focus is provide expert advice and service as they transact.
"The outsourced arrangement with TrailBlazer Finance will ensure a seamless and transparent mortgage trail book buy-sell process for both buyers and sellers and creates a competitive marketplace for our brokers’ trail books," Slater said.
"Importantly, it will also ensure customers are well looked after and are at the front and centre of the transaction."
Jeff Zulman, managing director of TrailBlazer Finance, said TrailBlazer is positioned to guide AFG brokers through the many complexities of buying and selling trail books.
"The arrangement cements our strong multi-year relationship with one Australia’s largest aggregators, and we look forward to working together more closely" he said.
