Moneytech appoints 2 new BDMs

Welcoming the new appointments to the lender’s line of credit team, head of sales Franco Bombardieri said it was a “great outcome” for Moneytech, with both bringing “strong experience and leadership” to the team.

“I’m confident they will provide an exceptional level of service to our referral partners and customers,” Mr Bombardieri said.

“Moneytech’s revolving line of credit product offers a fast application process to borrowers looking for limits under $250,000 and is currently backed by the Federal Government Guarantee scheme.”

Established in 2003, the business finance lender provides over $1.5 billion in SME lending per annum, through its producers such as line of credit, debtor finance, trade finance, equipment finance and term loans.

Newly appointed Daniel Scollo,  who will be based in Melbourne, joins Moneytech from Choice Aggregation where he was a partnership manager for the past five years, with previous roles held at Citibank, Westpac and CBA.

Moneytech said Mr Scollo “brings extensive small business lending experience” to the company. 

And also welcomed is industry veteran Mark Andersen, who has over 40 years’ experience in the Australian small-business finance industry and held various senior roles at Finstro, Provident, St.George and CBA.  

[Related: Moneytech joins SME Guarantee Scheme panel]