The personal lender has announced a $200 million warehouse facility, while flagging its intentions to proceed with an IPO when market conditions are ripe. SocietyOne has doubled its funding capacity
SocietyOne names broker distribution head
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Sarah Simpkins
Sarah Simpkins
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The personal lender has recruited a former Mortgage Choice and Aussie sales manager to lead its broker distribution.
SocietyOne has made a slew of high-level appointments, including the hiring of ex-Mortgage Choice and Aussie sales manager Tommy Lee as head of broker distribution.
Previously, he was regional manager for NSW/ACT at Mortgage Choice, after being regional sales manager at Aussie for three years.
Meanwhile former Westpac broker distribution head and MyState banking general manager Tony MacRae has also joined SocietyOne as chief commercial officer, after working for 30 years across broking, sales and distribution, as well as product and operations management.