New facility focuses on residential, commercial, SMSF and private lending products
Boutique mortgage aggregator Redrock Group has introduced a new funding channel, Redrock Money, providing a dedicated line of credit to the firm’s accredited broker partners in Australia.
The facility is underwritten by specialist lender Thinktank and offers access to residential, commercial, self-managed super fund (SMSF) and private lending products, available only through Redrock’s broker network.
According to the group, the initiative is intended to support brokers in three main areas: competitiveness on price and structure, turnaround times, and the ability to place transactions across a wider range of asset classes. The funding line is positioned as an additional channel for brokers seeking certainty of approval and settlement outcomes, particularly on complex or non-standard scenarios.
The arrangement with Thinktank is framed as part of Redrock’s broader effort to align capital and distribution, giving brokers a further route to non-bank lending at a time when that segment has expanded as an alternative for deals that sit outside traditional bank appetite.
“Redrock Money gives our broker partners direct access to capital solutions designed to improve speed, flexibility and deal certainty,” said Andrew Cowan (pictured top), managing director at Redrock Group. “It’s about equipping our network with more control and more options in a tightening credit environment.”
For Cowan, the move also reflects shifting expectations of aggregators among mortgage and finance brokers. “Aggregation is evolving,” he said. “Brokers want more than panel access – they want proprietary advantage.
“Redrock Money offers greater flexibility, simplicity and accessibility particularly for our new to industry brokers wanting a start in commercial origination.”
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