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Nodifi acquires asset finance group

by Annie Kane10 minute read

Asset finance services provider Nodifi has acquired an asset and equipment finance group, with its brokers joining Nodifi this week.

Nodifi — part of the Loan Market Group — has acquired Victorian-based asset and equipment finance group, Agiliti Capital, for an undisclosed sum.

Agiliti Capital (formerly known as NLG Leasing) is an asset and equipment finance brokerage based in St Kilda.

It was previously a credit representative of NewCo Financial Services, the company that also owns boutique aggregator NLG (National Lending Group).

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The deal forms part of Nodifi’s expansion plans and saw Agiliti Capital brokers formally join the Nodifi team this week. 

Mortgage brokers who previously referred asset finance deals to Agiliti Capital will now refer to the Nodifi team. 

Nodifi chief executive Tom Caesar said he was excited to welcome the Agiliti team to the group.

“The Agiliti Capital team is renowned for delivering outstanding service to referring brokers and respective clients, something that strongly aligns with the group,” he said.

“We’ll be welcoming a team of highly skilled asset finance brokers, a team that has built extensive relationships with over 900 referring mortgage brokers over an extended period of time.

“We look forward to continuing those relationships with the network of brokers, supported by the broader Nodifi team.”

[Related: Loan Market Group to join forces with Nodifi]

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AUTHOR

Annie Kane is the managing editor of Momentum's mortgage broking title, The Adviser.

As well as leading the editorial strategy, Annie writes news and features about the Australian broking industry, the mortgage market, financial regulation, fintechs and the wider lending landscape.

She is also the host of the Elite Broker, New Broker, Mortgage & Finance Leader, Women in Finance and In Focus podcasts and The Adviser Live webcasts. 

Annie regularly emcees industry events and awards, such as the Better Business Summit, the Women in Finance Summit as well as other industry events.

Prior to joining The Adviser in 2016, Annie wrote for The Guardian Australia and had a speciality in sustainability.

She has also had her work published in several leading consumer titles, including Elle (Australia) magazine, BBC Music, BBC History and Homes & Antiques magazines.  

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