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Loan Market Group's (LMG) Asset Finance Exchange (AFX) has achieved approximately $80 million in settlements within its inaugural year, underscoring the robust growth of Australia's asset finance market.
The platform connects mortgage brokers with asset finance specialists, facilitating streamlined access to asset finance solutions.
Since its launch in October 2024, AFX has settled over 1,800 deals, with an average deal size of about $45,000. More than 50% of brokers are active referrers, and approximately 75% have submitted multiple referrals over the past year. This engagement reflects the platform's effectiveness in meeting the needs of brokers and clients alike.
The Australian asset finance market is experiencing significant momentum, with businesses leveraging asset finance to access capital without straining existing cash flow. This trend is particularly beneficial for small and medium-sized enterprises (SMEs) seeking to expand operations or invest in new equipment. For individuals managing multiple debts, asset finance can offer an alternative means of securing funds without further complicating personal debt portfolios. However, it's essential to assess the terms and ensure that such financial decisions align with one's overall financial strategy.
Published:Monday, 10th Nov 2025 Source: Paige Estritori
Please Note: If this information affects you, seek advice from a licensed professional.
Loan Market Group's (LMG) Asset Finance Exchange (AFX) has achieved approximately $80 million in settlements within its inaugural year, underscoring the robust growth of Australia's asset finance market. The platform connects mortgage brokers with asset finance specialists, facilitating streamlined access to asset finance solutions. - read more
National Australia Bank (NAB) has reported a cash profit of A$7.09 billion (US$4.6 billion) for the year ending September 30, 2025, reflecting a stable financial performance. Despite this, CEO Andrew Irvine has identified the housing crisis as Australia's most pressing societal and policy challenge, advocating for expedited decision-making to stimulate economic growth and enhance housing availability. - read more
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