FIIG - The Fixed Income Experts
 Axsess Today and FIIG Securities - Debt Capital Management

Pre-IPO Funding: flexible long tenor debt that supports growth into the listed environment

ASX listed Axsesstoday Limited (”Axsess”) provides commercial equipment and vehicle finance to small and medium businesses via a distribution channel of retailers and referrers. Axsess offers retailers a white label financing product, enabling them to offer a full service solution and deepen customer relationships.

Between 2015 and 2016 FIIG supported Axsess as a private company by issuing $40m in Subordinated Notes to assist with the scaling of its distribution channels.

In December 2016 Axsess took the next step in its strategic plan to expand across Australia by listing on the ASX, raising an additional $10m in equity and increasing its banking facilities. FIIG again supported Axsess in May 2017 with a $30m raising, which combined with its diversified capital base, provides Axsess with the capacity to grow its loan book to $200m.   

Axsess is the latest non-bank financial services business to utilise the bond market to broaden its capital base. FIIG has provided a range of funding solutions to the sector, including: 

  • Participating in traditional securitisation structures;
  • Corporate style senior facilities, including acquisition of loan books;
  • Funding diversification including refinancing and/or expansion of existing funding lines; and
  • Optimising capital structure through a range of terms including tenor of greater than 4 years, fixed or floating rate, secured and unsecured.
Talk to us
Erryn Lloyd-Jones - Head of Debt Capital Markets, Private Debt
Erryn Lloyd-Jones
Head of Debt Capital Markets

(02) 9697 8778
Erryn.Lloyd-Jones@fiig.com.au

FIIG Debt Capital Markets

FIIG has a proven track record of opening the Australian bond markets, having raised over $3.0bn of predominantly unrated bond funding across 80 issues.

The Debt Capital Markets team arranges long term, flexible AUD bond financing for rated and unrated Australian and New Zealand corporates. The DCM team also provides debt advisory services focused on optimising capital structures and diversifying funding options.

If you would like to learn more about how FIIG can assist in the growth of your business...

  Contact Erryn Lloyd-Jones on
(02) 9697 8778