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RedZed Lending Solutions

About RedZed

RedZed was founded in 2006. It is a national provider of financial solutions to the self-employed in Australia.

RedZed specialises in originating, underwriting and managing residential and commercial loans with a focus on empowering the self-employed market segment ranging from clear credit to mild credit impairment. RedZed has a deep understanding of the needs and risks of the self-employed segment, and a track record of prudent underwriting principles and a disciplined collections approach.

SIZE OF LOAN BOOK A$1.6BN
MAKEUP OF LOAN BOOK RESIDENTIAL AND COMMERCIAL MORTGAGES, ASSET FINANCE: 100%
GEOGRAPHIC DISTRIBUTION OF LOAN BOOK AUSTRALIA: 100%
OUTSTANDING DEBT ISSUANCE RMBS: A$1.3BN

RedZed has originated more than A$3.6 billion of residential and commercial finance secured by real property and equipment assets. It has issued more than A$2.5 billion of debt-market securities via nine public securitisations, with more than A$1.6 billion of assets currently under management.

Ownership and capital structure

RedZed is a privately owned company.

Business performance

RedZed continues to deliver growth with a strong focus on delivering solutions to the self-employed. This positioning, along with an increased distribution model of accepting loans directly or through accredited mortgage-origination partners, allows the company control over the type of business it originates that is unique in the Australian marketplace.

RedZed expects to generate more than A$1.3 billion of assets in the current financial year.

Funding strategy

RedZed sources its warehouse funding through longstanding relationships with two major banks and an institutional investor. It has successfully placed nine RMBS deals. The most recent was a A$400 million transaction in September 2020.

FOR FURTHER INFORMATION PLEASE CONTACT:

Rick Li
Treasurer
+61 3 9605 3500
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Chris Wilson
Chief Financial Officer
+61 3 9605 3500
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www.redzed.com

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