Build a broker franchise business for
yourself, not by yourself.
To give yourself the best chance of success you need someone in your
corner providing expertise, support and encouragement as you get started,
then whenever you need it as you build a successful business.
Why Finance Partners is the best choice
Bigger financial rewards
Finance Partners will outperform the
market for upfront payments, trail
commission and average loan book
balance.
Flexible franchise options
Choose from our flexible franchise
options so you can run your own business, your own way.
Trusted brand with over 95% brand
confidence
We will be one of PNG’s most trusted
and recognized brands, with over 95%
brand confidence.
Access to Finance Partners Group’s
digital expertise
You’ll have exclusive access to Finance Partners Group’s digital expertise and home-seeker audience
One-on-one training and development
Enjoy support every step of the way,
from in-depth induction training to one-on-one coaching and mentoring.
Personalised support to build your
business
You’ll receive extensive marketing support and leading franchisee technology to help you build and grow your business.
The market Finance Partners operates in (Some statistics):
Business
Loan sizes between PGK 200,000 and PGK 5 million (note: Finance Partners starts at PGK 1 million)
Challenges for Entrepreneurs (56% struggle):
● Collateral Requirements
● Stringent Lending Criteria
● Documentation
● Administrative & Regulatory Hurdles
● Local disruptions
Be Part of Our success story
Finance Partners will be the leader in Papua New Guinea’s finance broking industry for decades to come
Finance Partners will have more than 20+ Finance Brokers across the Finance Broker network
On average, Finance Partners brokers will have larger than any other broker franchise
Due to our selective Franchisee selection process and our excellent network with Finance institutes our customers will be significantly more satisfied than those who went direct to a Financial Institute.
Finance Partners brokers get the highest commission across the Pacific compared to industry average.
Mortgage Loans
Total Mortgage Loan Market PGK 3,4 billion
Mortgage loans rose by 15.5% in 2023
Composition
● 55% are personal home loans
● 37% Commercial Property loans
● 8% residential Property loans
Loan Sizes:
● Residential Property Loans PGK 250,000 to PGK 4,000,000
● Commercial Property Loans PGK 850,000 to PGK 10,000,000
Growth Drivers:
● Increased demand
● resources sector boom
Invest in your future
As the saying goes you reap what you sow, xx is a springboard, how hard you jump on that springboard is determined by how far you go in this industry.
Future proof your business by building an asset class which will yield a return on the hard work you have done.
Your investment will include all of this and more
Marketing Support Package.
Whilst you are in your business induction and getting your accreditation sorted, our team of digital and marketing experts will be completely setting up your business website, social media channels and activating a lead-generating campaign that will allow you to hit the ground running
Digital Marketing Platforms
You will have access to our online social media tools that enable you to drive traffic to your business website with the click of a mouse
6-Month Marketing Plan
Our Marketing representative will also provide and guide you through a six month marketing activity program to ensure your local area marketing on point
Online ordering of Business Collateral
Online ordering of business collateral. You will have access to a PGK 2,500 credit in our online business collateral platform where you will be able to order your business cards, stationery, as well as just about everything you need to get your office fitted out.
Custom-built Software
Full access to our suite of custom-built software to get you writing loan applications fast with our wide panel of lenders to serve your customers.
Legal & Compliance Training
You will be covered with complete sut up of legal franchise agreements as well as best-in-market and ongoing compliance training.
Comprehensive Training
We’ll support you through our accelerate program so that you’re comfortable with all our software and processes. Our marketing master class series of webinars will allow you to hone your local area marketing and sales skills.
Marketing Materials
You will have access to a wide range of materials such as “how-to” videos, posters, in-store promotions and merchandise.
Ongoing Support & Mentorship
You will be invited to attend our state and national conferences where you can network with your colleagues and learn from the best in business.
Frequently Asked Questions
Buying a franchise removes an enormous amount of the complexities usually associated with a start-up company as you benefit from the experience that has made the business model so successful. Beyond this, the franchise model is there to offer you real support with established systems, management advice, marketing assistance and ongoing training and development.
With Finance Partners you will also acquire all important lender relationships and access to essential industry accreditation.
Why do people use Finance Partners instead of going straight to the bank?
●We act in the best interest of You. Banks are not subject to a “Best of Interest Duty”, and they do not have any obligation to act in your best interest.
●We have a national and international network of Financial Institutes & Investors to work with. In addition, especially for “Development / Long Term” Projects we work with Development Banks from several countries.
●We understand how to package & present finance applications & Investment Proposals that meet the credit policies of the lenders / Investors. This leads to lower processing time and better outcomes.
●Having all your lending with one bank exposes you and your business to lender concentration risks. By spreading your lending requirements across multiple suitable lenders, we can multiply the amount you can borrow, enabling you to grow your business quicker, increasing your returns.
What do I need to get started?
You need business acumen, a tonne of enthusiasm. A solid reputation as a reliable trustworthy person in your region. You will need some funding of your own: (1) to acquire the finance (although we the right individual we do have flexible arrangements in place, (2) some funding to cover for your first couple of months business and personal expenses.
Do I need to start with a storefront?
Not at all. Many franchisees work successfully from a home office or shared office space, and later move to a retail shopfront. Meeting spaces are a critical part of the customer experience, so we encourage franchise owners to move into an office with branded signage or a retail shopfront within three years.
Am I restricted to any geographic areas?
You will typically have an area in which you can directly market your own Finance Partners franchise, but you may receive enquiries that come to you from outside your marketing area – and you are free to handle these within your own business.
Is my income restricted to one sort of financing?
Not at all, Finance Partners offers multiple revenue streams including Home loans, asset finance, and business loans. As you progress in your career, you can diversify your revenue through.
What training and support do I receive?
A 1-week training course is fully provided as well as our Accelerate Partnership Program that runs for your first two years as a Finance Partners broker. We also provide ongoing support for as long as you need it.
How long does it take to get started?
About 45 - 60 days from first conversation to opening up the franchise. You will appreciate that our selection process is strict. We want the best franchisees. Our customers deserve the best franchisees.
Our customers pay an upfront fee to get us started as well as a success fee upon successful completion of the loan application. The upfront fee shows the commitment of the customer. 50% of the upfront fee is payable to the franchisee. 60% of the Success fee is payable to the franchisee.
Your Finance Partners franchise will provide considerable flexibility to enjoy work-life balance. But being a franchise owner calls for commitment and it’s a full-time role.
Aspire – Our Female Talent Program
Talent program for women in the Finance Partners network
OUR GOALS
To Support and promote the female talent in our broker network
Inspire women to take the next step in their careers
Help address the gender imbalance in Papua New Guinea