Former Resimac BDM finds a new home

Ashlene Prasad has been appointed as a business development manager at CFML Loans.

CMFL chief executive Johny Kale says Prasad is a standout in the non-bank market, bringing a wealth of experience and deep industry relationships that will be a tremendous asset to CFML.

"Her addition will not only strengthen our BDM team but also help position us for continued growth.”

CMFL has recently brought the bulk of its distribution in-house, previously outsourcing it to Funding Partners. Also, it has launched a new range of lending products this year.

Kale says CFML Home Loan, CFML 321 Loan, and CFML Prime Loan have been well-received by advisers.

Prasad says she is looking forward to expanding CMFL's presence in the third-party channel, while helping advisers and homeowners to achieve their goals for alternative lending solutions.

"This is an exciting opportunity to contribute to CFML’s growth and be part of a team that shares my passion for the industry.”