Money3 (MNY) is a specialist provider of Automotive consumer finance in Australia and New Zealand, with a focus on providing Secured Automotive loans to customers that traditionally have difficultly procuring mainstream financing from traditional lenders and finance providers such as banks. MNY currently operates across 3 core brands being Money3, Automotive Financial Services (AFS) Australia, and Go Car Finance (NZ) and collectively manages a growing profitable loan book of $556.7m in Gross Loan receivables across over 60,000 active customers. Across these brands MNY provides an end to end lending and collections offering that caters to Commercial, Consumer, near-prime and non-conforming secured Auto loans. MNY is expected to deliver strong loan book growth across an expanded addressable market, targeting $1bn of gross loan receivables by FY24 and is well funded to support its objectives with current capacity under existing funding arrangements to support book growth to $800m over the medium term.

Website: money3.com.au

Employees: 100 - 249

HQ:

Location: Bundoora, VIC, AU

Revenue: 10 - 20 Million

MONEY3: A Leading Provider of Automotive Consumer Finance in Australia and New Zealand MONEY3, located in Bundoora, Victoria, is a specialist provider of automotive consumer finance in Australia and New Zealand. The company focuses on providing secured automotive loans to customers who may have difficulty obtaining financing from traditional lenders and finance providers. With a growing profitable loan book of $556.7m across over 60,000 active customers, MONEY3 operates across three core brands: Money3, Automotive Financial Services (AFS) Australia, and Go Car Finance (NZ). The company provides an end-to-end lending and collections offering that caters to commercial, consumer, near-prime, and non-conforming secured auto loans. MONEY3 is well-funded to support its objectives, with current capacity under existing funding arrangements to support book growth to $800m over the medium term. The company is expected to deliver strong loan book growth across an expanded addressable market, targeting $1bn of gross loan receivables by FY24. MONEY3's management team consists of experienced executives, including Scott Baldwin, Managing Director; Michael Neville, Chief Operating Officer; Siva Subramani, Chief Financial Officer; and Tristan White, CSO. With a strong focus on financial advisory services, MONEY3 is committed to providing its customers with the best possible financial solutions for their automotive needs. In summary, MONEY3 is a leading provider of automotive consumer finance in Australia and New Zealand, offering a range of financial solutions for customers seeking to purchase vehicles. With a strong management team and a focus on financial advisory services, the company is well-positioned for continued growth and success in the future.

Money3 (MNY) is a company that helps people buy cars in Australia and New Zealand. They provide loans to people who might not be able to get loans from banks. They have three different brands: Money3, Automotive Financial Services (AFS) Australia, and Go Car Finance (NZ). They manage a big amount of money in loans, over $556 million, and have over 60,000 customers. They offer loans for cars for people who want to buy them for their business, or for personal use, and also for people who have a bit of a rough credit history. They are planning to grow their business and help even more people buy cars, with a goal of having over $1 billion in loans by 2024. They have enough money to support their plans and can lend up to $800 million in the near future.