Competitive Advantage Drives Investor Returns

The close relationship that Angas Securities enjoys with its customers and business introducers has been built up during twenty five years as a non-bank lender.

These key relationships have been forged through changing conditions to underpin a reliable loan deal flow for Angas Prime. The result is a competitive advantage that drives returns for Angas Prime investors.

Many commercial property borrowers are responding to restrictions on funding capacity imposed on the banking sector. The impact of these regulations has fallen most heavily on the Big Four banks but it affects the whole of the regulated banking sector. There has been a pivot by the banks toward lending to residential consumers and away from commercial and development lending. This has driven quality commercial lending business to the non-bank sector. This benefits Angas Prime as an established non-bank lender which advances investor funds on registered first mortgages.

Another competitive advantage of Angas Prime is the bespoke nature of its approach to advancing commercial property loans.

Banks have turned to management techniques like computer modelling and allocated scoring modules to determine credit quality. Experienced lending staff at Angas Prime approach deals with an open mind and assess each loan application on its merits. A long standing principle at Angas Prime is “A quick No is a good No”. There are many loan applications that do not make it through the initial vetting process.

Relationships built up over many years mean that brokers know what Angas Prime’s key criteria are. Brokers will generally put forward only those applications that are likely to meet these criteria. It is an absolute rule at Angas Prime is that no loan offers will be issued unless Angas Prime has capacity to provide the funding. Whilst Angas Prime’s lending rates may be high, brokers and their clients are willing to pay a little more for certainty of funding. Likewise, brokers will be selective about the quality of the proposals submitted to Angas Prime which is known in the industry to be a reliable funder. Angas Prime does not engage in a race to the bottom. Quality borrowers value reliability over cost.