Wealthy Western Australians to Enjoy New Financing Option

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Wealthy Western Australians to Enjoy New Financing Option Western Australians can now unlock the value of their assets and get instant access to cash thanks to a new partnership between Assetline, Australia's leading personal asset lender and house + home loans (HHL), one of Australia's most successful mortgage brokerage businesses. Perth, March 06, 2014 -- Western Australians can now unlock the value of their assets and get instant access to cash thanks to a new partnership between Assetline, Australia's leading personal asset lender and house + home loans (HHL), one of Australia's most successful mortgage brokerage businesses. The deal allows WA-based investors and businesses to raise finance against their assets from art and wine collections to yachts and jewellery - to fund a new business or further investments, or to simply access cash fast. Personal asset lending is making huge waves globally as well as in Australia, as the credit squeeze since the GFC has restricted many investors' access to funds. Assetline's solution offers high net worth individuals accessible, fast and flexible finance against high-end personal assets such as gold and silver, jewellery, diamonds, luxury watches, fine art and antiques, cars, luxury boats and fine wine collections. WA market of key strategic importance As the engine of Australia's growth and prosperity, Western Australia has long been considered a market of key strategic importance, according to Nick Raphaely, cofounder, Assetline. “We are very excited to be introducing Assetline’s service to Western Australia. We've enjoyed a very successful roll-out and rapid growth on the Eastern Seaboard in 2013, but it's now time to look West and capture the prize. We are delighted to be able to partner with someone of Rael’s calibre and look forward to working with HHL to provide Assetline’s services in Perth," Nick Raphaely says. HHL is an award-winning specialist broking firm based in Osborne Park, Perth. Its managing director Rael Bricker was ranked as a Top 10 broker of 2013 by Mortgage Professional Australia. The deal between Assetline and HHL follows a highly successful 2013, which has seen Assetline rapidly expand throughout New South Wales, Victoria and Queensland.


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