Skip to content

Level Up with Purple Circle Financial Services

If you’re over the typical aggregators, we’ve got good news, Purple Circle is here to change the game. We’re not just any mortgage broking aggregator; we’re broker-owned and broker-centric, meaning everything we do is designed with YOU in mind.

 

Why Purple Circle?

We’ve built Purple Circle from the ground up with brokers in mind. Our members are not just clients, they’re shareholders. That means you get a say in the company’s direction, alongside access to industry-leading tools and support. We believe brokers deserve more than just a transactional relationship, and that’s exactly what we deliver.

The Purple Pathways Academy

Our Purple Pathways Academy for new to industry brokers is a total game-changer. It’s been crowned the 2024 MFAA Mentoring Program of the Year because it gives new brokers the perfect launchpad to build their business. And for established brokers? It helps you grow your team without all the hassle, giving you top-notch training for your recruits.

Say Goodbye to Clunky Tech

 

We get it, nobody likes outdated, complicated software. That’s why we’ve ditched the old-school stuff and instead bring you the best technology tailored to your needs. You tell us what works, and we make it happen!

Support When You Need It

At Purple Circle, you’ve got direct access to decision-makers. Need help or advice? We’ve got your back. We listen to what brokers want and make sure our support is personalised to help you succeed.

 

We’re Award-Winning

Oh, and did we mention we’re the 2024 Boutique Aggregator of the Year? Yeah, we’re pretty proud of that. But our real passion is helping our brokers grow and thrive, your success is our success.

Whether you’re just starting out or an experienced broker looking for a boost, Purple Circle is where you need to be.

Join us and be part of a forward-thinking, broker-owned company that’s all about YOU.

 

Small and Medium Enterprises (SME) Guarantee Scheme

The Scheme will enhance lenders’ willingness and ability to provide credit and will be available for new loans made by participating lenders until 30 September 2020.

The Government will provide eligible lenders with a guarantee of 50% per cent of new loans. Some generic terms are:

  • Businesses with a turnover of up to $50 million.

  • Maximum total size of loans of $250,000 per borrower.

  • Loans will be up to three years, with an initial six month repayment holiday.

  • Unsecured finance, meaning that borrowers will not have to provide an asset as security for the loan.

Reduced Interest Rates

Consider your current banking arrangements. The Reserve Bank has recently reduce the cash rate and lenders have passed this on to various loans they have.

Instant Asset Write Off

An increase in the instant asset write-off threshold from $30,000 to $150,000 30 June 2020.

Deferment of Loan Repayments for up to 6 Months

The banks are developing their own approach as to how to deal with requests from their clients for repayment holidays. Some are automatically granting the request, others are assessing the requests individually.