We welcome all proficient and reputable commercial lenders to our platform. If you are looking to increase your settlements then this platform is for you.

To use the platform you simply enter your lending criteria. Platform brokers can see your lending criteria if:

  1. You have settled a loan in the last 3 months (on their Monday morning email from the platform);
  2. They look you up;
  3. One your loans appears on a search they run.
Each time you settle a loan the following details are recorded:
  1. Advance date;
  2. Suburb;
  3. Principal;
  4. Interest Rate;
  5. Establishment Fee;
  6. Security type and sub-type (from a drop down);
  7. Scenario and sub-scenario (from a drop down);
  8. Valuer & valuation;
  9. Broker and star rating;
  10. Lender and star rating;
  11. Solicitor and star rating;
  12. Discharge date;
  13. Days delinquent;
  14. Shortfall.

The solicitor who acts for you on the advance certifies these details (by receiving an email from the platform when they are named as solicitor on an advance).

Your loans act as your in-platform advertisement, the more loans you settle of a particular type the more enquiries you will receive from broker members for that type of loan.

When a new broker approaches you, you can check out their track record by accessing metrics (both statistical and loan-by-loan) on every loan the broker has ever introduced to a platform lender. You can see average star ratings and drill down and read reviews for each loan. Most importantly you can see if they have ever had shortfalls.
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Membership of the platform is free. The cost to register each loan is as follows:
  1. <10 loans per week NO CHARGE
  2. >10 loans per week 0.006% of the principal for every additional loan. Thus for a $3M loan they would pay $180.

Dates for the per week parameter are based on the date the loan settled.

The above pricing applies to bulk uploads by new members of the platform (“Legacy upload”).

The data for bulk uploads is provided by the lender and certified by their solicitor) using a template spreadsheet Omicron provides. The first legacy upload is free after that we charge $300 per hour plus GST. Therefore it is best to upload legacy data in one hit.

Lenders who use the platform are subject to Terms and Conditions.

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