Firstmac, established in 1981, stands as one of Australia's largest non-bank lenders with over 40 years of experience in maintaining competitive lending markets. From its origins as a family-run business, Firstmac has evolved into a leading entity in the financial sector, managing an impressive $16 billion in home and car loans, in addition to overseeing $300 million in cash investments.
The company has successfully self-funded over $42 billion worth of RMBS bonds in both Australian and global markets, showcasing its robust financial capabilities and strategic market positioning. Community involvement is ingrained in its ethos, with initiatives like the annual paid day for charity work and Quarterly Community Initiatives.
The most recent financial activity of note is a $40 million debt financing investment secured on April 1, 2023, backed by the Clean Energy Innovation Fund, highlighting Firstmac's commitment to sustainable finance solutions.