Established in 2019 as commercial and residential finance specialists, Loan Path Finance was not previously affiliated with AFG before joining the Broker Investments program. This marked AFG’s first equity partnership beyond its existing broker network. As Managing Director Mina Gergis explains, the collaboration enabled the business to step up its acquisition phase.
“Since 2019, it’s all been organic growth for us. To accelerate that growth, we wanted to acquire certain broking businesses, and needed additional resources, infrastructure and capital. Our balance sheet was also very clean, so we felt like it was perfect timing.”
– Mina Gergis, Loan Path Finance
Gergis highlights AFG’s board involvement, via COO Lisa Bevan, as particularly valuable. “I think we’re a very agile business,” he says. “It’s been great to have a corporate business partner that can ground you in decision-making. Our approval for access to a capital facility has assisted us in acquiring a few businesses in a short period of time, which was part of our strategy that we first discussed with AFG.”
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While Loan Path Finance had already successfully acquired smaller businesses before AFG’s involvement, Gergis notes that “having AFG as a listed business we can lean on for analytics and an extremely rigorous due diligence process has given us a lot of confidence.”
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