Ume Loans is an Australian owned & operated company. We are a fully licensed lending company and are regulated by ASIC. We were founded in 2009 to provide finance to customers whose circumstances are outside the bank's normal lending criteria. The Global Financial Crisis (GFC) was the catalyst for the birth of our company. As the credit markets tightened and finance companies stopped lending many good borrowers were left without the ability to obtain a loan. Ume Loans now fills this gap in the lending market.
Our Managing Director Dan Fox has had over 10 years of experience (Ge Finance & Insurance & Avco Finance & Insurance) managing loan portfolios worth many millions of dollars and now he uses this experience combined with our proven credit scoring model to ensure strong consistent growth and minimal losses. Our computer system is second to none and gives us fast and accurate documents at the push of a button.
Dan says "Bad things can happen to good people. On many occasions having a small utility bill default or just changing jobs recently does not mean a customer is a significantly high risk. We look at the customer's whole situation and make a balanced and informed credit decision".