Securitisation

securitisation

Funding & Capital

Funding Strategy

A balance sheet lender since inception,
NOW Finance has developed an
institutional-grade funding platform
with a diverse range of bank and
institutional investors, as well as an
established ABS programme.

Loan Book	c. A$1.0b
Originated Volume	>A$2.0b
Makeup of Loan Book	Consumer unsecured lending: 51% Consumer secured lending: 49%
Geographic Distribution of Loan Book	Australia: 100%
Outstanding Debt Issuance	Warehouse facilities NOW Trust ABS programme

Loan Book	>A$800m
Originated Volume	c. A$2.0b
Makeup of Loan Book	Consumer unsecured lending: 56% Consumer secured lending: 44%
Geographic Distribution   of Loan Book	Australia: 100%
Outstanding Debt   Issuance	Warehouse facilities NOW Trust ABS programme

Risk Management

NOW Finance uses a rigorous credit assessment and rate for risk framework, underpinned by a proprietary multifactor pricing and decision engine to underwrite new loans. This capability, combined with its servicing and collections expertise, enables NOW Finance to originate a high-quality portfolio and consistently deliver market-leading credit and margin performance.

NOW Finance’s strong risk management capability and strategy provide a reliable risk profile for investors and partners alike.

Risk Management

NOW Finance’s strong risk management capability and strategy provide a reliable risk profile for investors and partners alike.

ABS Issuance

NOW Finance executed its inaugural NOW Trust 2019-1 ABS transaction in September 2019, with four follow-on transactions totalling A$1,350m. The success of the programme demonstrates the strong and growing appetite of institutions to invest in a strategically diversified loan portfolio, seasoned and originated within a proven risk management framework.

NOW Finance is a programmatic issuer of ABS transactions to a growing domestic and offshore investor base.

ABS Issuance

NOW Finance executed its inaugural
NOW Trust 2019-1 ABS transaction in
September 2019, with three follow-on
transactions totalling A$850m. The
success of the programme demonstrates
the strong and growing appetite of
institutions to invest in a strategically
diversified loan portfolio, seasoned and
originated within a proven risk
management framework.
NOW Finance is a programmatic issuer
of ABS transactions to a growing
domestic and offshore investor base.