Aussie merger with Wizard
Monday February 2, 2009
The Wizard Home Loans brand name is about to join the Australian distribution network of Aussie Home Loans.
With this buyout, Aussie will acquire a franchise distribution network covering over 160 outlets in city and regional areas around Australia, as well as over 300 mortgage advisers. Due to this, Aussie will have a broader spread of franchised and corporate outlets and more than 800 mortgage advisers nationally.
Due to this move, the Commonwealth Bank will take on up to $4 billion of mortgages developed by Wizard.
This new partnership between Aussie and Wizard Home Loans offers great opportunities for both businesses. Both companies have opportunities for the increased growth of business as Aussie can provide Wizard franchisees with a greater product range, more security and added support. Aussie will also supply its marketing, training and technology systems to help them grow their businesses.
Due to this merger, Aussie and Wizard can now offer great personal loans and car loans deals in an increasingly competitive market.
Aussie personal loans offer:
- Fixed interest rates currently starting from 10.74%p.a.
- Personal loan terms for 1 - 5 years.
- Competitive establishment fee.
- Low administration fees.
- No fixed maximum on the amount you can borrow.
Find out more about Aussie personal loans.
Compare personal loans and car loans.