CREDABL (www.credabl.com), a specialist lender to medical professionals, has expanded its funding platform with a new $100 million ANZ warehouse facility. ANZ joins other key warehouse funding participants including a large ASX listed investment management firm and other institutional investors.
Credabl provides tailored personal and business finance solutions to medical and accounting professionals. Since being established in 2017, it has originated loans in excess of $300 million.
The specialist lender was established by a founding management team with a long history and successful track record in the medical finance market. In addition to traditional distribution channels, Credabl is currently developing a digital lending platform to streamline the way in which medical professionals can access their business and personal finance requirements.
Stafford Hamilton, CEO of Credabl & Maia Financial, said the additional facility is testament to the experience and track record of Credabl in the medical finance market, as well as the infrastructure and operational support provided by cornerstone shareholder, Maia Financial, a Monash Private Capital Group company.
“For the last 25 years, members of the Credabl team have been actively shaping the professional lending market in Australia,” Mr Hamilton said.
“We are thrilled to be partnering with ANZ Bank, along with our other investors as we continue to deliver innovative lending solutions to medical professionals.”
Michael Mullane / Paul Cheal
Honner (02) 8248 3700
0415 711 533
Credabl is a team of finance specialists providing tailored solutions for medical, dental, veterinary and accounting professionals. Through simplified, customised and digitised solutions, we ensure that medical professionals receive the financial attention they deserve in both their personal and professional lives. With niche finance knowledge and specialist industry skills, Credabl is your partner on call.
About Monash Private Capital and Maia Financial
Monash Private Capital (www.monashprivatecapital.com.au) is an independent financial services firm, investing across various asset classes as principal and through its managed funds, and also offers strategic advisory services. Our operating brands include Monash Private Capital, Maia Financial, Credabl, Wentworth Williamson Funds and Our Innovation Fund.
Maia Financial (www.maiafinancial.com.au) is a leading, independent provider of asset finance and leasing solutions. Established more than 25 years ago, we have financed billions of dollars of assets across a range of sectors and business sizes. Our focus is on supporting clients to achieve greater productivity and growth through effective management of their assets and, often we invest alongside our clients in the assets that they select. Our team is driven to deliver solutions that meet business capital cycle needs, and which provide operational flexibility, including the ability to acquire, change or expand your asset base as the need arises.