Finance Australia :: News
SHARE

Share this news item!

LMG's Asset Finance Exchange Hits $80 Million Milestone in First Year

Platform's Success Reflects Rising Demand for Asset Finance Among Australian SMEs

LMG's Asset Finance Exchange Hits $80 Million Milestone in First Year?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

Loan Market Group's (LMG) Asset Finance Exchange (AFX) has achieved a significant milestone, reporting approximately $80 million in settlements within its inaugural year.
This accomplishment underscores the increasing demand for asset finance solutions among Australian small and medium-sized enterprises (SMEs).

Launched in October 2024, the AFX platform connects mortgage brokers with asset finance specialists, facilitating access to a diverse range of financing options. Over the past year, the platform has settled more than 1,800 deals, with an average transaction size of around $45,000. Notably, over 50% of brokers have actively referred clients through the platform, and approximately 75% have submitted multiple referrals, indicating strong engagement and satisfaction with the service.

Jordan Mutton, General Manager of Asset Finance Exchange, attributes this success to the platform's ability to seamlessly integrate asset finance into brokers' existing services. He highlights that the AFX not only serves as a referral solution but also enables brokers to assess the viability of incorporating asset finance into their offerings, either by collaborating with specialists or by developing in-house capabilities.

The growth of the AFX aligns with a broader trend in Australia's financial landscape, where asset finance is playing an increasingly vital role in supporting SME growth. By leveraging the value of their balance sheets, businesses can secure funding for equipment, vehicles, and other essential assets, thereby enhancing their operational capacity and competitiveness.

For SMEs, the success of platforms like the AFX signifies greater access to flexible and tailored financing solutions. This development empowers businesses to make strategic investments in assets that drive growth, while also providing brokers with new avenues to support their clients' evolving financial needs.

Published:Friday, 9th Jan 2026
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Finance News

ANZ Finalises Acquisition of Suncorp Bank for $4.9 Billion
ANZ Finalises Acquisition of Suncorp Bank for $4.9 Billion
17 Jan 2026: Paige Estritori
In a significant development for the Australian banking sector, ANZ has successfully completed its $4.9 billion acquisition of Suncorp Bank. This strategic move, finalised on 31 July 2024, marks a pivotal expansion for ANZ, enhancing its service offerings and market reach across the nation. - read more
Non-Bank Lenders Expand Presence in Australia's Mortgage Sector
Non-Bank Lenders Expand Presence in Australia's Mortgage Sector
17 Jan 2026: Paige Estritori
The Australian mortgage market is witnessing a notable shift as non-bank lenders increasingly capture a larger share, challenging the dominance of traditional banking institutions. This trend is driven by digital innovation and evolving consumer preferences, leading to a more competitive landscape in home financing. - read more
RBA Holds Cash Rate at 3.60% Amidst Economic Uncertainty
RBA Holds Cash Rate at 3.60% Amidst Economic Uncertainty
17 Jan 2026: Paige Estritori
In its latest monetary policy decision, the Reserve Bank of Australia (RBA) has opted to keep the official cash rate unchanged at 3.60%. This decision reflects the central bank's cautious approach in navigating the current economic landscape, balancing the need to control inflation with the goal of sustaining economic growth. - read more


Finance Articles

The Ultimate Cheat Sheet for Aussie Borrowers: Top Loan Comparison Strategies
The Ultimate Cheat Sheet for Aussie Borrowers: Top Loan Comparison Strategies
In the dynamic world of Australian finance, securing a loan can be a pivotal move for individuals seeking to achieve their financial goals. Whether it's for purchasing a dream home, expanding a business, or simply consolidating debt, the importance of smart loan comparison cannot be overstated. With an array of lending products available, borrowers are often faced with a bewildering choice. That's why equipping yourself with powerful loan comparison strategies is not just important, it's essential. - read more
Top Mistakes to Avoid When Saving for Your First Home
Top Mistakes to Avoid When Saving for Your First Home
Embarking on the journey to homeownership is both exciting and daunting. It's a significant milestone that requires careful planning and disciplined saving. For many Australians, buying a first home represents a dream come true, and it's essential to approach it strategically. - read more
Online Home Loan Calculators: How to Use Them in Your Loan Comparison
Online Home Loan Calculators: How to Use Them in Your Loan Comparison
Welcome to the world of savvy home financing! Whether you’re a first-time homebuyer or seasoned investor, navigating the ocean of home loan options can be daunting. In this digital era, one tool stands out for its effectiveness in simplifying this journey: the online home loan calculator. - read more


Free Loan Eligibility Assessment

Loan Amount:
Postcode:

All quotes are provided free and without obligation by a specialist from our national broker referral panel. See our privacy statement for more details.


Knowledgebase
Jumbo Loan:
A mortgage loan that exceeds the conforming loan limits set by the Federal Housing Finance Agency (FHFA).