Solvar Ltd
Solvar Limited is an Australia-based consumer and commercial finance company, which is engaged in the delivery of secured automotive loans as well as secured and unsecured personal loans.
The business
Solvar Limited is an Australia-based consumer and commercial finance company, which is engaged in the delivery of secured automotive loans as well as secured and unsecured personal loans. The Company operates through two segments: Australia and New Zealand. The Australia segment provides lending facilities in Australia generally based on the provision of an underlying asset as security, generally referred through a broker or distributed directly through digital channels. The New Zealand segment provides lending facilities in New Zealand generally based on the provision of an underlying asset as security, generally referred through a dealer. The Company operates through three business units in Australia - Money3, Automotive Financial Services (AFS) and Bennji; and one business unit in New Zealand - Go Car Finance. Money3, AFS and Bennji business units operate in Australia with broker networks and direct as primary distribution channels.
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