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Partner Point partners with ACCA

Business

Access to finance will boost accountants in advisory roles. 

By Tony Zhang 11 minute read

Partner Point has teamed up with the Association of Chartered Certified Accountants to give members access to capital for funding their personal property requirements or the needs of their businesses.

The venture will see ACCA professionals tap into a full-service finance market where commercial property, residential property, business, and equipment finance can all be accessed through one platform.

It will ensure that ACCA members have the necessary support to access the best finance to continue to take on more of an advisory role in a professional capacity.

Partner Point co-founder and joint managing director Domenic Lo Surdo said customer expectations were changing and accountants could not be experts in every field.

“They need to surround themselves with professionals who can complement both themselves and their clients,” he said.

“Accountants increasingly need to provide sophisticated advice, analysis, and strategy.

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“Our partnership will wrap around and support ACCA members to confidently address client concerns and challenges.”

With the ever-evolving and complex lending market, clients were also increasingly relying on their accountants as their number one trusted adviser.

ACCA’s portfolio head for Singapore, Australia, New Zealand and Oceania, Maurice Cheong, said accountants today were less about bookkeeping and more about advisory and data-driven business partnering.

“Our collaboration with Partner Point will provide our members with unrivalled access to capital for their businesses or clients, so they could focus on providing forward-thinking, ethical and strategic advice,” he said.

“Our partnership with Partner Point will also support migrant members looking to buy their first home, start or expand their business, as well as providing them with a referral for their professional finance needs.”

Mr Cheong said for the ACCA, commitment to developing a strong global accountancy profession and the common values between organisations made the partnership with Partner Point a unique opportunity to equip their members to become leaders in their profession.

“ACCA provides global mobility to their membership and sees an increasing number of fully qualified members choosing to work in or migrate to Australia year on year with their globally recognised qualification and membership,” he said.

A joint venture between finance specialists Stamford Capital and Blue Crane Capital, Partner Point caters to the trusted adviser and provides referral partners with access to a full-service finance marketplace that considers the complete lending market, including banks, non-banks, and private lenders.

ACCA has close to 8,000 members in Australia with many who own their own business or obtain senior finance roles in large organisations. With a global network, ACCA supports their members through qualifications, CPD resources and partnerships around the world.

 

Tony Zhang

Tony Zhang

AUTHOR

Tony Zhang is a journalist at Accountants Daily, which is the leading source of news, strategy and educational content for professionals working in the accounting sector.

Since joining the Momentum Media team in 2020, Tony has written for a range of its publications including Lawyers Weekly, Adviser Innovation, ifa and SMSF Adviser. He has been full-time on Accountants Daily since September 2021.

You can email Tony at This email address is being protected from spambots. You need JavaScript enabled to view it.

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