Latest News
Metro Finance has ramped up its auto and equipment lending in the last 12 months, leading to a much larger securitisation presence than it has ever had before. George Pappas, Sydney-based treasurer at Metro, discusses funding strategy and growth plans including a green lending product.
Pepper Money has taken advantage of demand for housing and auto finance, while the securitisation market has been able to digest significant supply. Anthony Moir and Steven Fischer, treasurer and deputy treasurer at Pepper in Sydney, say the firm is prepared for less conducive market conditions as and when they manifest.
Prime Capital lends to small business clients – perhaps the sector of the Australian economy hardest hit by the COVID-19 crisis. Paul Scanlon, Prime Capital’s Sydney-based chief executive, discusses the resilience and importance of Australia’s SME sector and the company’s expectations as the economy deals with the pandemic’s latest phase.
Resimac’s 2021 results show record net profit after tax as well as strong growth in assets under management and mortgage settlements in Australia and New Zealand. Resimac says it is reaping the reward of the investments it has made in its distribution platforms and is seeking further growth through new brands and lines of business.
Athena burst onto the nonbank lending scene in 2019, promising to compete head on with Australia’s major banks in the prime mortgage market. In the following years it has built a solid foundation even amid the turmoil of COVID-19. It is now scaling up its operations and eyeing the next milestones on its path to business maturity.