Resimac to buy $150m commercial loan portfolio from Thorn Group

SYDNEY, AUSTRALIA: Resimac Group Ltd, an ASX-listed non-bank lender, has announced that it has agreed to buy a $150 million portfolio of commercial asset finance loan receivables from Thorn Group Ltd, an ASX-listed consumer leasing and finance company. The deal, announced on Tuesday, supports the strategic growth objectives of Resimac’s Asset Finance division, which provides…

Resimac steps up to deliver a superior digital customer experience

SYDNEY: Resimac Group Ltd announced it was working with key technology and service providers to migrate its core platforms to the cloud and deliver a superior digital customer experience. The technology suppliers were selected following a detailed feasibility analysis and commercial RFP process, and include Infosys, Loanworks, and Equifax. Mr Scott McWilliam, Resimac Chief Executive…