Referral Program

Working with professionals to secure their client's future
Our unique advisory services enable us to partner with brokers, solicitors and accountants to assist your clients in times of financial distress. Some of the most common issues we work through are debt consolidation, debt negotiation, informal payment arrangements, debt agreements and mortgage assistance.  We act alongside you to ensure that your client secures the best financial outcome no matter the extent of their situation. ​

Our Debt Management division holds a current Australian Credit Licence so we are able to act on both personal and commercial debt.

Why partner with us?

  • We listen, meet, evaluate and assist your clients quickly ​
  • Lower debts for your clients by up to 70%
  • Boost your service offerings to your clients 
  • We look to preserve your client’s credit rating and assist with credit repair
  • We work to avoid bankruptcy to ensure your client has a fresh start
  • Earn an attractive commission 

Want more details on our referral program?

If you are interested in our referral program please fill in your details, and we will contact you to discuss it in detail.

Here's an example of how we can assist your clients with debt consolidation. This situation is symptomatic of those who are experiencing financial hardship. 

Scenario

Mr and Mrs Smith's financial situation:
  • Own a property worth $660,000
  • Current mortgage of $455,000
  • Additional creditors made up of three credit cards and a personal loan add up to $86,000 of unsecured debt and is becoming unmanageable
If the couple were to approach a conventional broker and work on refinancing the unsecured debt into a new loan, the outcome would be unfavourable. The Loan to Value (LVR*) would be 88% and most lenders would consider not the proposition leaving the couple with nowhere to go.

Action taken

The SR Group, via a partnering mortgage broker, has approached a panel of specialist lenders who can secure pre-approval for the refinance on the basis that unsecured debts are settled, and the new loan amount is at an LVR of between 80-85%.
Once we receive pre-approval, we then use our years of experience to negotiate with the client's creditors to achieve discounted lump sum settlements.
For example, if we refinanced at an 80% LVR ($528,000/$660,000 we would have $33,000 to negotiate with creditors which based on our previous results is consistently achievable.  

Our result

  • Mr & Mrs Smith hold onto their home
  • Their mortgage increases from $495,000 to $528,000.
  • They are able to live without the burden of $86,000 high interest debt hanging over their heads.

Our client is now in a position to rebuild their future.
*Loan to Value ratio (LVR) is the amount of your loan compared to the value of your property. LVR is calculated by dividing the amount of the loan by the value of the property. For example, if the property is worth $250,000 and you have a deposit of $50,000, the LVR will be 80%.