Angle Asset Finance is a nonbank lender that provides secured asset financing to corporates, SMEs and government entities, servicing more than 40,000 customers across Australia. The business launched in October 2020, with a highly experienced board and executive team that has extensive industry and financial markets knowledge. Angle Asset employs more than 100 staff and has close to A$1.5 billion of assets under management.

Angle Asset approaches asset finance from a different angle than the rest of the industry. The company has created new and better ways to help its network of introducers and their customers thrive, delivering a quality product for end financiers and investors. The company has a clear and consistent product offering and enhanced distribution capabilities. The Angle Asset name reflects its commitment to looking at everything it does in a different way, every time.

The diversified portfolio comprises primarily commercial vehicles as well as other wheel and track assets across a wide range of industries. It is financed in loan or lease format. Financing is provided through a network of introducers, aggregators and vendor agents, who are subject to a rigorous accreditation process.

The business places significant emphasis on policy and process development as well as strong adherence disciplines. Corporate governance and compliance are key focuses of the company’s operational framework and Angle Asset is a member of the Australian Finance Industry Association.

Originations, settlements and servicing of the asset finance portfolio use a combination of proprietary and third-party systems. Technology has been developed and applied to simplify Angle Asset’s origination process and maintain the highest standard of data integrity. This includes the stand-up of a globally recognised asset finance loan management system.

Angle Asset is a portfolio company of Cerberus Capital Management, a global leader in alternative investing with US$70 billion in assets under management. Cerberus is the majority shareholder in Angle Asset while Deutsche Bank is a co-investor.

Angle Asset’s funding strategy aligns with business strategy for stable and sustainable growth to support business originations through flexible and diversified sources of funding. In this regard, Angle Asset is well supported by major financial institutions locally and offshore through multiple ABS warehouse facilities. In July 2022, it issued its inaugural capital market transaction, with volume of A$250 million, followed by a second deal, with volume of A$400 million, in March 2023.

Angle Asset is committed to being a programmatic ABS issuer throughout all market cycles, with a consistent offering to its growing investor base. Recognising the importance of a deep and diversified investor base, the company is focused on ongoing investor engagement and welcomes all enquiries.

Craig Edwards
Chief Executive Officer
+61 414 331 705
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Debbie Long
Head of Treasury
+61 427 786 784
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www.anglefinance.com.au