Neu Capital is excited to announce that on the back of substantive discussions, the Australian Office of Financial Management (AOFM) intends to work with us, HHR Capital Partners, AMAL Trustees, Grant Thornton Australia and Clayton Utz with a view to the Structured Finance Support Fund (SFSF) becoming one of the investors in the securities issued by the Small & Medium Originators Program (SMOP).
There is a lot of work still to do, but we are another step closer to opening up a substantial new pool of liquidity to small & medium loan originators, ultimately supporting credit availability to Australian consumers and SMEs.
We would like to thank the numerous loan originators in the market who have expressed interest in the structure and have collectively brought a $2bn funding requirement to the programme. We welcome further originators, both large and small, reaching out to learn about the program.
Please see the full statement from the AOFM:
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