Issuer profile: RedZed Lending Solutions

Key company and debt-issuance information on RedZed Lending Solutions. Uploaded 16 October 2018.

Size of loan book A$1.3BN
Makeup of loan book Residential and commercial mortgages.
Asset finance.
Geographic distribution of loan book Australia: 100%
Outstanding debt issuance RMBS: A$790M

Source: RedZed Lending Solutions September 2018

About RedZed Lending Solutions

RedZed Lending Solutions (RedZed) is one of Australia’s leading lenders dedicated to providing financial solutions to the self-employed segment.

The company specialises in originating, underwriting and managing residential, commercial and asset-finance loans with a focus on understanding the needs of the self-employed. It delivers solutions based on thorough underwriting principles and a disciplined and diligent approach to collections.

Established in 2006, RedZed has assisted thousands of Australian customers and originated in excess of A$2.3 billion in loans. Its staff is primarily based in the Melbourne head office. RedZed is expected to generate assets in excess of A$800 million in the current financial year.

Ownership and capital structure

RedZed is a privately owned company.

Funding strategy

RedZed currently sources its warehouse funding through longstanding relationships with two major banks and an institutional investor. It has successfully placed six RMBS deals. The most recent was a A$375 million transaction in September 2017.

Business performance

RedZed continues to deliver growth with a strong focus on delivering solutions to the self-employed. This positioning along with a distribution model of accepting loans direct or via a hand-selected group of accredited mortgage brokers allows the company control over the type of business it originates that is unique in the Australian marketplace.

For further information please contact:
Chris Wilson
Chief Financial Officer
+61 3 9605 3500
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Lisa Hood
Finance Manager
+61 3 9605 3500
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  www.redzed.com