Qantas partners with Valiant Finance to shake up SME lending
Qantas Business Rewards in partnership with Valiant Finance havelaunched a new platform to help its members find, apply and earn Qantas Points on loans tailored specifically to their business needs.
The Business Loan Selector will help members find finance solutions for working capital, asset finance and commercial loans quickly and easily.
Valiant Finance is Australia's only end to end business finance platform. The platform scans products from over 80 lenders and pairs customers with the best loan options and interest rate for their needs.
A Qantas Business Rewards SME surveyshowed over 80 per cent of members were concerned about the current impact of COVID-19 on their business with a third predicting the pandemic would have an extremely negative impact on their business.
Close to one in five of SMEs surveyed said they were worried about keeping positive cash flow, paying bills, controlling expenses and staying profitable.
One in four businesses said they planned to seek financial support in the form of credit or a business loan.
The new platform enables businesses from any industry to earn Qantas Points on business loans with Qantas Business Rewards.
Members can earn up to 50,000 Qantas Points on loans over $15,000.
Businesses can use Qantas Points to save on flights, car hire and hotels or redeem on office tech, workplace tools and travel.
How it works:
Businesses submit basic information on the loan they need through the Business Loan Selector on the Qantas Business Rewards website.
A range of suitable loan options from Valiant Finance’s network of over 80 lenders will then be displayed for the business to compare rates, terms and fees.
Once the business is ready to apply for a loan, Business Loan Selector connects them with a dedicated Valiant Finance specialist who then assistswith their loan application.
The business then earns Qantas Points within 30 days of settlement of the loan or first draw down depending on loan type.
Quote to be attributed to Alex Molloy, Valiant Finance, CEO:
"SMEs are the growth engine of the Australian economy and are absolutely vital to the country’s financial recovery from this pandemic.
Our platform solves a key problem for businesses – long, stressful applications and unexplained loan rejections, by using technology to closely match lenders to the needs of the business owners through one, intuitive digital process.
We have already helped more than 90,000 businesses assess their options and access more than $600 million in funding.
Partnering with Qantas Business Rewards is a major step in our mission to help Aussie businesses get the finance they need to achieve their goals.”
Quotes to be attributed to Olivia Wirth, Qantas Loyalty CEO:
“Qantas Business Rewards grew by 25 per cent last financial year, so we know being rewarded for everyday business expenses and saving on costs is highly relevant to SMEs. And even more so in the current environment."
"Our members are keen to return to business as usual and we want to support them in every way we can.”
Andreas Polizois Head of Channel and Affiliate Marketing [email protected] +61 403 178 661
Andreas is our Head of Channel and Affiliate Marketing here at Valiant, and works closely with our partners, affiliates and creatives to educate Aussies on the latest in business finance.