Vendor Finance Pty Limited was established by the group in 1989 in response to requests from major equipment manufacturers and distributors to provide competitively outsourced customer finance capabilities where an in-house solution was either cost prohibitive or internal asset finance structuring expertise was limited.
- Vendor Finance Pty Limited was established by the group in 1989 in response to requests from major equipment manufacturers and distributors to provide competitively outsourced customer finance capabilities where an in-house solution was either cost prohibitive or internal asset finance structuring expertise was limited.
- Activities are conducted through special purpose entities; Vendor Finance P/L directly or the ASF Group more broadly depending upon the specific circumstances of the vendor client (equipment manufacturer or distributor) and cover a broad range of highly competitive industries with transactions generally falling between $100,000 for one- off small ticket transactions to facilities exceeding $50.00 million.
- Unlike relying upon a single banking partner, a pool of underwriters and residual risk investors is engaged and managed by Australian Structured Finance to ensure a broad range of customer credit profiles, credit appetites and asset classes can be accommodated without necessitating credit or funding recourse to the vendor.
- Historically, many of our global manufacturer and distributor clients have operated their own captive finance programs internationally however rely completely upon ASF within the Australian domestic market.
- Vendor Finance solutions may also be developed to support special projects and major plant installations.
