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Purple Circle is the first aggregation company in Australia where Members can earn shares in the company, simply by doing what they're already good at - writing loans!
Our Members receive all the services and tools you would expect from a market-leading broking group plus a whole lot more.
At Purple Circle we take a co-operative approach to building best practice. Our Members have a strong say in the strategic direction of the company which allows us to not only provide what Brokers need to succeed in business, but also what they want.
If you think we're good enough to partner with for your business, we think you're good enough to own shares in our business.
It's often been debated as to whether a company exists primarily for its clients/members or rather for its shareholders. Well there's none of that conflict here because when you're a member/client of Purple Circle, you're also a shareholder.
This model is ideally suited to entrepreneurial brokers looking to maximise and capitalise on the value of their businesses.
As the company grows both in Member numbers and settled volume, so can the value of shares expect to grow. This represents an opportunity for finance brokers to build a substantial asset alongside their existing Broking business, without doing anything extra.
Keep your knowledge up to date with education and training, understand industry trends, work through business management strategies and connect with other members through our year – round robust training and development program.
Support for your business with trusted advice along with further additional business management and strategy support from our experienced management team.
Flexibility and choice with member agreements to suit your business needs as either an Australian Credit Licensee or Credit Representative.
Flexibility and choice with either a Flat Fee, Percentage Split fee or Flat Fee/Percentage Split Commission (hybrid) structure to suit your business needs as either an Australian Credit Licensee or Credit Representative.
Enjoy the flexibility of an extensive lender panel of Residential, Commercial, Asset and Consumer Finance providing a diverse range of products to suit your specific clients’ needs.
Streamline your processes, improve your efficiency and manage CRM, marketing and compliance with our end-to-end, integrated and innovative software.
Ongoing support and compliance program with seamless software integration to help you manage your broker and business compliance obligations as either an Australian Credit Licensee or Credit Representative.
A cost effective way to establish your website and further your business presence online with the added benefit of hosting services provided.
With the assistance of our Partner Program, provide additional diversification services such as Risk Insurance, with the clear benefit of retaining the exclusive client relationship and generating extra revenue without investing any additional resources.
purple circle: [pur-puh l] [sur-kuh l]
noun. Invitation only meeting of like minded people.
Find below our professional staff members
Greg offers invaluable experience from the financial services industry.
He co-founded Choice Home Loans and then Choice Aggregation Services which he sold in 2007 to Challenger Financial Services Group. Choice Aggregation has since been acquired by National Australia Bank.
Greg's experience and extraordinary success in the financial services industry make him an inspiring leader of our team.
Frank has been involved in the Financial Services Industry for nearly 30 years , 15 years plus which have been at CEO and General Management level.
Frank has a Bachelor of Business Degree with a double major in Marketing and Management along with a Diploma of Financial Services – Finance/Mortgage Broking.
Boutique, Independent and Empowering brokers!
Find below some news articles that we hope you will find useful
In the early days of mortgage broking, aggregators were created to benefit finance brokers by pooling their loan volumes and negotiating better loan commissions with lenders.
These days, that original purpose has morphed into something benefitting everyone but the finance broker. These big businesses are no longer team-spirited, treating their members merely as numbers.
If it wasn’t already great enough being a member of Purple Circle, it just got a whole lot better…
Like sharks circling schools of fish, the feeding frenzy of broking group mergers, acquisitions and consolidations are leaving brokers with fewer options and a feeling of increased insignificance in the ever-growing mass.
It is true, we are a pretty independent bunch. The very nature of our industry forces us to be this way.
But it doesn’t matter how independent or resilient you are...
Just because people in high places are busy making
decisions about your future, it doesn’t mean you have to play along...
There has been a quiet revolution building in the mortgage broking space...
A game-changing broking group has been gaining momentum over the past 3 years and now the well-kept secret is finally out with independent judges voting it the best in Australia.
In the early days of finance broking, Aggregators were created to benefit finance brokers by aggregating their volumes and negotiating better loan commissions with lenders.
These days, that original purpose has morphed into something benefitting everyone but the finance broker. These big businesses are no longer team-spirited and too many of them are either bank or institution owned!
See 7 good reasons to pull your head out and join Purple Circle.
Purple Circle is excited to announce a new strategic appointment in Tim Donahoo to take over the senior position of compliance and risk manager ...
What is it that you’re waiting for, exactly? Do you believe in perfect timing, all the stars aligning, and then you will know the time is right?
With so many mortgage brokers caught in the web of aggregator takeovers and bank/institution buying, then selling, then not selling aggregation businesses, it’s no surprise we’re seeing higher anxiety levels amongst brokers than ever before.
In order to continue to provide its member network with innovative lending solutions and after detailed broker committee member collaboration, Purple Circle Financial Services has partnered with an exciting new lender.
Boutique independent aggregators may in fact be better suited to serve brokers and further assist with keeping the market on an even keel due to in part our strong collaborative approach and robust service propositions.
Back in the 1990’s, Mortgage Aggregators were formed to benefit finance brokers by aggregating their volumes and negotiating better commissions.
These days, that original purpose has morphed into something that benefits everyone except the finance broker.
These big businesses aren’t team-spirited co-operatives anymore and too many of them are either bank or institution owned!
Purple Circle is excited to announce a new strategic appointment in Frank Paratore to the leadership team ...
Let’s face it, a lot of today’s aggregators have very high mileage on their clocks. Their engines are out-dated legacy models using too much fuel and under-powered by today’s standards.
Time and time again, history has shown us that when the going gets tough, an institution will always deflect blame and think nothing of removing itself from the ‘problem’. We saw it play out in the financial planning arena, and now the exact same thing is being repeated in Finance Broking.
... the good news is, there is now a way for broking businesses to seriously multiply the value of their business.
How about being part of a growing group which you can earn shares in – simply from writing loans!
Greg Pennells, of broking group Purple Circle, encourages brokers to speak up, stand out and become shareholders.
Purple Circle would like to welcome you to our network.
Whether you are a new to the industry or would like to take your business to the next level, we would love to hear from you.
Please fill in your details below and a Purple Circle Team Member will contact you shortly.
