ASX-listed Wisr launches $267 million warehouse facility
ASX-listed Wisr Limited have announce the execution of its third loan funding warehouse facility with an initial commitment of $267 million. The facility supports Wisr’s ongoing growth strategy and has the potential to increase in size in line with the Company’s growth ambitions. Senior funding for the warehouse facility is provided by Barclays Bank PLC and was originated by Barrenjoey Markets Pty Limited through its partnership with Barclays.
Key highlights include:
- Initial warehouse size of $267 million, with the opportunity to upsize as the loan book expands
- Senior funding provided by Barclays, complemented by a new mezzanine funder to further strengthen and add flexibility to Wisr’s capital structure
- Delivers improved funding costs, with the introduction of international capital enhancing Wisr’s funding profile and supporting access to deeper, more competitive markets for future term transactions
- The facility supports both personal and secured vehicle loan originations
- The company’s total warehouse capacity now exceeds $900 million across three facilities, with approximately $310 million of undrawn capacity available
The new facility aligns with Wisr’s strategic objectives to expand debt capacity for loan book growth, diversify funding partners, and improve loan unit economics across its product suite.
Florian Ruff, Head of Funding and Treasury at Wisr, said, “We are thrilled to welcome Barclays as a new senior funding partner and value the confidence they have placed in our business. This facility represents a significant milestone for Wisr, providing the capacity to accelerate loan originations across both our personal and secured vehicle loan products.
“As we build on consecutive quarters of loan book expansion, this new warehouse further strengthens our funding platform and enhances Wisr’s financial resilience. This facility is a testament to the confidence leading global institutions have in our business model, our technology-led approach, and the high-quality lending outcomes we continue to deliver for all stakeholders.”
