One of the strengths of GPS is that we are a niche Lender who operates in areas where there is reduced competition. In recent times I have seen an opportunity for loans which are larger than those traditionally offered by us. I would like to thank the GPS Investor base for its support. In a few weeks we have raised and/or have committed over one half of the projected peak debt amount. This has been a record breaking achievement for us.
Some larger loans in the portfolio will become a feature for GPS. In this segment of the market I only have to demonstrate that GPS can assist in reducing the project time frame by three months to win business from the banks.
The ability to write larger loans assists GPS to retain its repeat Borrower base. An increased average loan size is also necessary to keep pace with inflation as increasing the number of loans is not conducive to good prudential lending.
If you have any queries or wish to further discuss GPS writing larger loans then please do not hesitate to contact me on 1800 999 109.
Thank you for your ongoing support.