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Licences & Professional Memberships

Stratton Finance holds a Finance Brokers Licence, is a Licensed Motor Car Trader, and is a member of several professional and industry organisations that provide consumer protection and industry guidelines and standards.

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Licensed Finance Broker

Finance Broker Licence Number #4649.

Stratton Finance Pty Ltd holds a current Government-issued Finance Broker Licence (Licence Number 4649).

For a company to hold a Finance Broker Licence the company must comply with a strict set of regulations designed to promote ethical business practices and consumer protection, including:

  • abiding by the Finance Brokers Code of Conduct,
  • abiding by the Finance Brokers Maximum Scale of Remuneration,
  • obeying advertising and disclosure requirements,
  • company officers having appropriate tertiary qualifications,
  • maintaining current Professional Indemnity Insurance, and,
  • meeting probity and credit-worthiness requirements.

The Finance Broker Licensing scheme is designed to ensure protection for consumers when dealing with finance brokers.

For more information please visit the finance brokers section of the DOCEP website.

Finance Brokers Association of Australia (FBAA) Accredited Member

Finance Brokers Association of Australia (FBAA) Accredited Member logo

Stratton Finance is an Accredited Member of the FBAA.

The FBAA is Australia's leading membership body for finance broking professionals, providing standards and guidelines to promote professional practice standards in sourcing domestic and commercial funding in the finance/mortgage broking industry.

Membership of the FBAA requires the applicant to meet strict criteria, including:

  • abiding by the FBAA's Code of Conduct,
  • utilising an approved External Dispute Resolution Service,
  • providing compliance training to staff,
  • holding Professional Indemnity Insurance, and,
  • meeting educational and/or experience criteria, and,
  • meeting probity criteria.

These requirements help to ensure members are professional organisations, and provide peace of mind for customers.

For more information please visit the FBAA website at http://www.fbaa.com.au.

Licensed Motor Car Trader

Licensed Motor Car Trader number #10697.

Stratton Prestige Pty Ltd (trading as Stratton Fleet), a wholly owned subsidiary of Stratton Finance Pty Ltd, is a Licensed Motor Car Trader.

For a company to become a Licensed Motor Car Trader the company must meet a strict set of conditions, including:

  • providing a set of warranties and guarantees to customers,
  • meeting probity and credit-worthiness requirements.
  • demonstrating knowledge and experience of motor vehicle industry,
  • obeying advertising and disclosure requirements,

The Licensed Motor Car Trader scheme is designed to ensure protection for consumers when purchasing vehicles from car dealers.

For more information please visit the Business Licensing Authority website.

Franchise Council of Australia (FCA) Member

Franchise Council of Australia (FCA) logo

Stratton Finance is a member of the Franchise Counsil of Australia.

The Franchising Council of Australia is the leading body for the franchising industry in Australia, representing franchisees, franchisors and service providers. The FCA's goals include the establishment and enforcement of best practices for franchise business systems, providing information and education to franchisses and franchisors, and protecting the interests of the franchising industry.

For a franchisor to become a member of the FCA it must meet a set of strict guidelines covering the efficient and ethical operation of its franchise business system. Franchisor membership of the FCA provides peace-of-mind for franchisees.

For more information please visit the FCA website at http://www.franchise.org.au.

Credit Ombudsman Service (COSL) Member

Credit Ombudsman Service Limited (COSL) Logo

Stratton Finance is a member of the Credit Ombudsman Service Limited.  

COSL operates an independent External Dispute Resolution Service available to clients of COSL members.

The availability of an External Dispute Resolution Service provides peace of mind for consumers, as it provides a free and simple method to resolve any dispute that arrises with a COSL member.

For more information please visit the COSL website at http://www.creditombudsman.com.au/.

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This page was printed from the Stratton Finance website.

Original URL: http://www.strattonfinance.com.au/about-stratton/licences-professional-memberships.aspx

Stratton Finance offers finance and insurance for cars, properties, equipment and more. Visit us online at http://www.strattonfinance.com.au, or call 1300 STRATTON (1300 787 288).

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