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AGL partners with Plenti to offer interest-free loans for solar and batteries

Personal loan provider Plenti teams up with AGL, and Westpac back its offering of loans for solar, batteries and electric vehicles.

Australia
Sydney
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Australian
Daniel-foggo
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Westpac
Clean-energy-finance-corporation
Green-loan-marketplace-
South-australian

Car loans drive record Plenti growth

Record quarterly originations driven by strong broker flows and surging car loan demand have helped deliver the lender 135 per cent year-on-year growth.

Australia
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Daniel-foggo
Craig-parker
Annie-kane
Westpac
Clean-energy-finance-corporation
Plenti-group-limited
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Brokers power Plenti's 140% originations growth

The majority of loans Plenti wrote in the September quarter came through brokers, which saw the group’s book more than double year-on-year.

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Plenti to turn a profit in the coming year

Plenti to turn a profit in the coming year
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Daniel-foggo
Plenti-group
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Rising car sales rev up Plenti loan originations

Rising car sales rev up Plenti loan originations Share A surge in loans for new cars and solar installations has sent Plenti to a record level of originations and revenue in its first full-year results as an ASX-listed personal lender. Plenti, which competes with major banks in personal lending, said new loan originations rose 64 per cent to $470 million in the year ended March 31 and were headed towards $690 million for 2022. Its loan book rose 61 per cent to $615 million and will grow to $1 billion by March next year, the company said. Its share opened slightly lower after strong gains on Monday. Plenti chief executive Daniel Foggo. “We are well positioned for continued growth in FY22.” 

Daniel-foggo
Eagers-automotive
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