Centric extends lending business

amp chief executive

13 August 2007
| By Mike Taylor |
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Michael Pillemer

Centric Wealth has acquired lending and brokerage firm, Kingsbridge & Eagle.

Centric announced the acquisition early today and said it would make the company’s lending division one of the leading high end lending advisory businesses in Australia.

Kingsbridge & Eagle specialise in providing mortgages, commercial finance and debt reconstruction solutions and boasts 18 staff in offices in Sydney and Melbourne.

Commenting on the acquisition, Centric’s joint chief executive Michael Pillemer said it would allow the company to provide a more complete lending service to its clients.

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