Allied Credit has successfully completed a $50 million equity raise, fully subscribed by existing shareholders.
This funding reflects strong investor commitment and confidence in the company’s performance, strategic direction and future growth, including plans to double the size of our lending portfolio over the next two to three years.
The additional capital will support Allied Credit’s continued transformation and scale-up strategy, expanding presence across key channels, further investment in technology and operational capability, and the pursuit of new distribution partnerships and opportunities.
“We’re pleased to have secured this additional equity funding, which is a strong endorsement of our strategic direction and the momentum we’ve built,” said Jon Moodie, CEO of Allied Credit.
“This capital will help drive the next phase of our growth as we continue to scale our platform, deepen our partner relationships, and deliver value to both customers and stakeholders.”
CFO Matt Devine added: “The raise forms part of Allied Credit’s broader capital management strategy, positioning the business for sustainable long-term growth.
The success of this raise highlights the market’s confidence in our financial performance and our ability to execute on strategic initiatives. It was well received by our investor base and supports our goal of building a strong, scalable and resilient financial platform.”
Allied Credit has delivered consistent growth in recent years, underpinned by strong credit quality, disciplined risk management, and a commitment to delivering customer-focused finance solutions.
Allied Credit is proud to be recognised as one of Australia’s leading auto and asset finance lenders.
The raise is partially subject to finalisation of regulatory approvals.
