Australian Broker 18.09

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FIRSTMAC LIMITED Telephone: 13 12 20 Email: accreditations@firstmac.com.au Website: firstmac.com.au

irstmac is a family-owned non-bank lender with more than 40 years of history. Headquartered in Brisbane, Firstmac has a strong family culture that sees its people empathising with brokers and collaborating with them to grow their businesses. This culture also inspires Firstmac to prioritise long-term relationships over profits. This results in remarkable staff retention, with most employees staying with the company for three to 20 years. Their experience allows Firstmac to provide consistent, top-quality service with turnaround times a fraction of its competitors. “The people at Firstmac are what make it really great,” says Jake Sanders, head of third party sales. “You are not just a number, and your voice is heard. The executives know most people by their first name and are happy to talk to anyone. Everyone is a contributor and feels a part of the overall success of the business. We have a very strong and positive culture across all areas of the business. Everyone works hard and we have fun while doing it.” When COVID-19 hit, the company switched to a work-from-home set-up while providing uninterrupted service and maintaining service levels. It also became the first lender to raise funding through an RMBS issue after the international bond markets froze due to the pandemic. The crisis also didn’t deter Firstmac from shaking up the SMSF lending market when it launched a simple low-fee product with both variable and fixed-rate options. Firstmac now plans to expand its team by hiring new BDMs and broker support staff and aims to become the employer of choice in the market. It’s also set on further improving its technology, particularly its Broker Tools app, to ensure that it remains the easiest lender in the market for brokers to deal with. Commenting on Firstmac’s win, Kim Cannon, managing director, says, “We are very proud that brokers have recognised our efforts to provide a market-leading service across all areas. It’s very good for the morale of our team to know that their work is appreciated. I would like to thank all of the brokers involved for their support.”

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