Centrepoint Finance News
Centrepoint Finance announces alliance with Count Financial Limited
25 March 2011
Centrepoint Finance is pleased to announce it has entered into a formal alliance with leading accountant-based financial planning group Count Financial Limited (Count), to assist Count’s network of 350 firms the opportunity to offer an expanded asset finance service to their SME clients.
Stephen Day, Centrepoint Managing Director & CEO, said “We are delighted to have been chosen to assist Count Advisers and their clients in sourcing asset finance products notwithstanding the current market sentiment. The emphasis that lenders now place on reporting means the accountant’s role in getting funding approved is vital. Our ability to source finance from a number of providers will provide additional options that have not been available to Count Advisers in the past. We see this as a great opportunity for both Count and ourselves and look forward to developing the relationship and providing added value to Count Advisors”
“This opportunity builds on Centrepoint’s other long term alliances and will provide a solid foundation for sustained business and employment growth” Day said.
Commenting on the new alliance in a Stock Exchange announcement, Andrew Gale, CEO of Count said “The new alliance will significantly increase the number of asset finance lenders available to Count member accountants, which will enable their clients to access financing across a wide range of providers at competitive rates,”
Click here for a full transcript of Count’s ASX release.
For further information please contact:
Stephen Day
Managing Director & CEO
Centrepoint Finance Pty Ltd
Ph: (03) 8563 4000
E-Mail: sday@cpf.com.au
Establishment of Representation in Warrnambool Victoria
July 2010
We are pleased to announce the expansion of the Centrepoint Group into Warrnambool Victoria.
Errol Stewart has joined the group to provide Equipment and Commercial Finance products to clients in south west Victoria.
Stephen Day Managing Director and CEO said "Errol is an established and respected person and we are confident that under his leadership, Centrepoint Finance will quickly establish itself as a leading provider of Equipment and Commercial finance to business in the immediate area and beyond. We look forward to working with Errol in the months and years ahead."
Representation in Western Australia
July 2009
We are pleased to announce the expansion of the Centrepoint Group into Western Australia.
Glenn Scotter and Jeremy Doyle have both joined the Group with immediate effect and bring with them significant experience in the finance broking industry in Western Australia.
Stephen Day Managing Director and CEO said "Both Glenn and Jeremy have a passion for the industry and through their efforts, we are confident of future growth in this important market”
To contact our Western Australia team click here.
Acquisition of Centrepoint Finance
On 31st December 2008, shareholders comprising Management and Staff acquired 100% of the shares in Centrepoint Finance Pty Ltd from the listed entity Centrepoint Alliance Limited (ASX Code CAF)
This acquisition formally removed Centrepoint Finance Pty Ltd from the Centrepoint Alliance Group returning the business to private and independent ownership.
Managing Director and CEO of Centrepoint Finance Pty Ltd Stephen Day commented, “The acquisition marks the start of a re-focussed finance broking business committed to sustainable profitability and the pursuit of growth”
“We are well capitalised, have a solid balance sheet and the lower cost structure associated with private ownership will ensure a boost in profitability and effectiveness” Day said.
“Whilst we are no longer part of the Centrepoint Alliance Group, we remain on good terms and will continue to utilise their premium funding services on behalf of our clients under commercial arrangements”.
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