Commercial and business lending
Whether your clients are looking to maintain or grow their business, we’re here to help you deliver the right solutions for their needs.
We understand your clients have a number of specialist commercial and business finance needs.
How do you become an Accredited Commercial Broker?
What are the prerequisites?
- Prior experience in commercial lending and writing credit submissions
- Must maintain an active relationship with Bank of Melbourne and introduce new commercial clients
- Demonstrate your potential to submit consistent commercial lending (excludes IPLs)
- Deliver good customer experience by keeping our Commercial product, policy, service, and business operational processes up to date
- Police Clearance Certificate less than 6 months old
- Confirmation of MFAA or equivalent body membership
Commercial Broker Accreditation process
Become a Bank of Melbourne Accredited Commercial Broker:
1. Fill out the form
Complete the Commercial Broker application form
2. Get sign off
Get your application signed off by your aggregator.
3. Email your form
Send your application form to the Bank of Melbourne Accreditation Team.
4. Complete the training modules
Complete two training modules (these will be emailed to you).
5. Notify your Senior Business Development Manager
Email your Senior Business Development Manager to let them know you've completed the training modules.
6. Receive accreditation
Once you've completed your modules, you'll be issued with an introducer (i) number.
Forms and resources
Please download these forms to your computer before use, as they'll not display correctly in a web browser.
This form is to be used by brokers to record the customer’s requirements & objectives when submitting a home loan application outside of ApplyOnline (e.g. within a deal being submitted through Business Banking).
Requirements and Objectives.
Responsible lending requires us to have detailed conversations with customers to understand their requirements and objectives (R&O) and financial situation, so that we can assess the suitability of a credit contract.
Brokers submitting a broker-introduced home loan will now complete an updated version of the R&O Form.
Finance offered by Bank of Melbourne – A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714. Eligibility criteria applies. Credit criteria, fees, charges, terms and conditions apply and are available on request. Please speak to your business finance specialist to find out more.
The information on our website is prepared without knowing your personal financial circumstances. Before you act on this, please consider if it's right for you.
Before making a decision, it's best to read the terms and conditions which are available on application. The information on our website is prepared without knowing your personal financial circumstances. Before you act on this, please consider if it's right for you.
If any of the information related to (or provided by) Westpac Group that you rely on is printed, downloaded or stored in any manner on your systems, files or otherwise, please ensure that you update your systems and files with the most up-to-date information provided by us and rely only on such updated information.