Angle Auto Finance

Angle Auto Finance

Automotive financing for dealers and customers

Overview

Angle Auto Finance provides auto financing through accredited dealers, novated lease introducers, and customers, using new systems and processes to streamline the lending workflow. It underwrites and funds loans and novated lease opportunities, then manages repayments and account administration. Backed by Cerberus Capital, it uses scale and fintech-style systems to speed up and simplify auto loans versus traditional lenders. The goal is to deliver fast, transparent funding through a scalable platform for dealers, introducers, and customers.

About Angle Auto Finance

Simplify's Rating
Why Angle Auto Finance is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Company Size

201-500

Company Stage

Growth Equity (Non-Venture Capital)

Total Funding

$32.4M

Headquarters

Sydney, Australia

Founded

2021

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Simplify's Take

What believers are saying

  • CEFC committed up to $50 million in 2026 for EV floorplan and consumer finance.
  • August 2026 EV offer adds a 0.70% discount and Evie charging vouchers.
  • Mahindra Australia partnership launched immediately, extending finance to a growing dealer network.

What critics are saying

  • Westpac acquired Angle's legacy business in 2021; integration failures still expose servicing risk.
  • Cerberus ownership concentrates funding; securitization markets stalled again, squeezing loan growth by 2027.
  • A funding freeze would halt floorplan advances and strand the dealership network.

What makes Angle Auto Finance unique

  • Cerberus-backed, standalone auto financier with integrated dealer, novated lease, and floorplan products.
  • More than 750 dealerships and 240,000 financed Australians since March 2022.
  • Angle Edge training, virtual business managers, and instant-decision digital onboarding deepen dealer loyalty.

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Funding

Total Funding

$32.4M

Above

Industry Average

Funded Over

1 Rounds

Growth Equity Non VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity Non VC Funding Comparison
Coming Soon

Benefits

Wellness Program

Parental Leave

Paid Vacation

Employee Referral Bonus

Home Office Stipend

Employee Discounts

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

2%

2 year growth

2%
Auto Media Group
Oct 20th, 2025
Mahindra partners with Angle Auto Finance

Mahindra partners with Angle Auto Finance. Mahindra Automotive Australia has announced a strategic partnership with Angle Auto Finance, effective immediately, designed to enhance value and convenience for customers while supporting the brand's expanding national dealer network. The collaboration provides Mahindra's dealer partners with access to comprehensive business finance solutions including bailment, capital loans and equipment finance facilities. Dealers will also benefit from industry-leading business performance training through Angle Edge, virtual business manager support for regional locations, and dedicated relationship managers focused on growing business opportunities. Retail customers will experience streamlined access to finance solutions through a digital application system offering instant decisioning and rapid settlements, aimed at creating a smoother car-buying process. Ankit Taneja, National Manager at Mahindra Automotive Australia, says the partnership reflects the company's customer-first approach and supports its growing vehicle portfolio. "This collaboration is designed to provide customers across metro and regional areas with a transparent and convenient buying experience, backed by competitive and tailored finance options," Taneja says. The partnership comes as Mahindra continues to expand its Australian presence with vehicles including the XUV700 premium SUV, which combines advanced safety features and performance, and the newly launched XUV 3XO, tailored for young families and urban lifestyles. These models join the rugged Scorpio SUV in offering customers options spanning lifestyle, urban and off-road preferences. Angle Auto Finance currently partners with more than 750 dealerships nationwide and has helped over 240,000 Australians access vehicle finance through its dealer network since launching in March 2022. The company describes itself as Australia's fastest-growing independent automotive financier. Mahindra views the arrangement as extending beyond a standard business partnership, representing a shared commitment to building long-term customer relationships and delivering comprehensive ownership experiences from purchase through to after-sales support. The Mahindra Group, founded in 1945, operates across more than 100 countries with 260,000 employees and holds leadership positions in farm equipment, utility vehicles, information technology and financial services in India.

Banking Day
Dec 2nd, 2024
Securitisation sector set for another bumper year

Stalker - referring to transactions in 2021, when Allied Credit acquired Macquarie Bank's auto dealer finance business, and Westpac sold its auto finance business to Angle Auto Finance - asserted that this was a positive aspect as the pools were being managed by specialists.

Clean Energy Finance Corporation
Jul 5th, 2024
Angle Auto Finance revs up EV availability for Aussie drivers - Clean Energy Finance Corporation

Floorplan finance to get more EV models into showrooms

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