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Lender Chifley sells developers settlement guarantees, apartment resale loans

Non-bank lender Chifley Securities is selling troubled developers guarantees against settlement failures and loans to finance unsold apartments in a weaker development market. Privately-owned Chifley, which last year lent $2 billion to developers and landowners,

Finance group tells brokers to diversify

A non-bank finance group is encouraging brokers to look at alternative revenue streams following the announced changes to trail commission. Principal at Chifley Securities, Dominic Lambrinos, said he believes there will be stronger demand for

Chifley Securities posts $300m loan growth in first six months

Non-bank lender Chifley Securities has reported a massive growth in volumes, having written $300 million worth of loans in just six months since launching last November. The commercial lender’s initial lending pool of $480 million

Private lender Chifley Securities bumps up lending by 35pc

Non-bank lender Chifley Securities has increased its loans to developers and builders by 35 per cent in the year to June 30 taking its loans to $638 million, compared to the last year’s annualised figure

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