Bigstone Finance

What Bigstone Finance does

Bigstone Finance is an Australian fintech operating a marketplace lending platform that connects small and medium enterprises (SMEs) seeking asset finance with sophisticated and institutional investors seeking fixed-income returns. Founded in 2014 and headquartered in Sydney, the company operates through two private limited entities, Bigstone Capital Pty Ltd (ABN 44 603 289 658) and Bigstone Lending Pty Ltd (ABN 86 623 564 072), and runs a 2% Provision Fund under a trustee arrangement with Primary Securities Limited (AFSL No. 224107) to protect investor capital.

The platform offers five core products—Equipment Loan, Equipment Rental, Finance Lease, Sale & Leaseback, and Lease Purchase—with loan sizes ranging from $10,000 to $2,000,000 and terms from 12 to 60 months. Underwriting is driven by a proprietary credit assessment model built around a "6 C's" framework (Character, Capacity, Capital, Conditions, Collateral, Cashflow) that integrates ATO data, accounting data, banking data, and third-party credit bureau feeds (Equifax, Illion, Creditorwatch). Risk-based pricing bands (A/B/C ratings) yield interest rates from 8% p.a. for top-tier borrowers, and the platform targets a one-minute pre-qualification, same-day quotes, and sub-hour decisions for loans under $100,000.

The business model combines transaction fees (loan origination and establishment), marketplace commissions, and interest spread on originated loans. Distribution is multi-channel: a direct-to-consumer website, a broker/introducer network, a vendor finance program embedded with equipment dealers, and the marketplace.bigstone.com.au investor portal. The company serves three segments—Australian SMEs (primary), equipment vendors and dealers, and sophisticated/institutional investors—and competes against traditional bank asset finance in a domestic market of over 2.2 million SMEs. The company has raised $3M (2016 round, Cicada Innovations and CVC Capital Partners), employs 11–50 staff, and does not disclose revenue.

Name

Bigstone Finance

Legal name

Bigstone Capital Pty Ltd

Website

https://bigstone.com.au

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Bigstone Finance is an Australian marketplace lending platform founded in 2014 that connects SME borrowers seeking asset finance ($10K–$2M) with sophisticated investors, offering equipment loans, leases, rentals, and sale-leaseback products via a proprietary credit assessment model.

Ownership category

akta.pro rank

Product category

Marketplace Lending / SME Asset Finance

NAICS

Sales Financing (522220)

SIC

Finance Lessors (6172), Miscellaneous Business Credit Institution (6159), Loan Brokers (6163)

akta.pro primary industry

Direct Lending — Specialty Finance (Consumer/SME Lending Platforms) (FSAHAJAF)

akta.pro secondary industries

SME Equipment & Asset Finance (Leasing, Fleet, Capex) (FSABABAH), SME Credit Risk, Underwriting & Financial Data (B2B Fintech Data/Decisioning) (FSAGAJAM)

Keywords

• Asset finance
• Marketplace lending
• SME equipment loans
• Business lending
• Finance leasing

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Interest Income from Loans: Bigstone earns interest income from the asset finance loans it originates. The loans are funded by investors through the marketplace platform, and Bigstone facilitates the lending arrangement, earning interest spread.
2. Marketplace Lending Commission: As a marketplace lending platform, Bigstone facilitates connections between borrowers seeking loans and investors looking to fund them. The company earns a commission or spread for operating the platform and managing the loan process.
3. Loan Origination Fees: Bigstone charges establishment and processing fees for loan approvals. One source mentions approval for loans under $100,000 could take less than an hour.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Bigstone Finance operates a marketplace lending platform that connects Australian small and medium enterprises (SMEs) seeking asset and equipment finance with individual and institutional investors. Its core products include equipment loans, equipment rental, finance leases, and sale & leaseback arrangements ranging from A$10,000 to A$2,000,000 with terms of 12 to 60 months. A vendor finance program additionally enables B2B equipment sellers to offer financing to their customers.

Product overview

Bigstone Finance is a marketplace lending platform offering three core finance products—Equipment Rental, Finance Lease, and Lease Purchase—plus specialized offerings including Vendor Finance and Sale & Lease Back arrangements. The platform connects Australian investors seeking returns with small businesses needing equipment financing, typically ranging from $10,000 to $2,000,000 with terms between 12 and 60 months.

Differentiator

Problem solved

Functional benefit

Brands

• Bigstone Marketplace: The online lending marketplace platform where investors can review and fund business loan applications.

Products and services

• Asset Finance (Equipment Loan) Standard asset finance product for purchasing new or used business equipment. Loans range from A$10,000 to A$2,000,000 with terms of 12 to 60 months and security taken over the asset via the Personal Property Security Register (PPSR). Designed for Australian SMEs that have been trading for at least two years.
• Equipment Rental Monthly rental product where Bigstone purchases the asset on the renter's behalf and the customer pays a monthly rental fee for use. At end of term, the customer can return, upgrade, or continue renting the equipment.
• Finance Lease Lease product with option to purchase at end of term. Bigstone purchases the asset and the lessee pays fixed monthly amounts; ownership transfers at end of term via a final payment for the agreed residual value. Monthly payments may be claimed as a tax deduction.
• Sale & Leaseback Refinance product where Bigstone buys an asset already owned by the business and leases it back via regular monthly payments, providing a capital injection while the business retains use of the equipment.
• Vendor Finance Partner program enabling B2B equipment vendors to offer Bigstone's financing options to their customers at point of sale, helping vendors convert more sales by removing upfront-payment barriers.

Quantifiable outcome

• Pre-qualification in 1 minute with same-day quotes for most loans
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered supporting.

• EquifaxsupportingOthersCredit reporting body from which Bigstone obtains credit reports to assess borrower creditworthiness. Address: Equifax, PO Box 964, North Sydney, NSW 2059.
• IllionsupportingOthersCredit reporting body providing credit information services. Address: Illion Public Access Centre, PO Box 7405, St Kilda, VIC 3004.
• CreditorwatchsupportingOthersCredit reporting body used for obtaining credit reports and verifying credit information. Address: Creditorwatch, GPO Box 4029, Sydney, NSW 2001.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Prospa: Australia's leading online lender to small businesses, offering working capital and business loans. Directly comparable to Bigstone as a digital-first SME financing platform targeting the same underserved Australian SMB segment.
• Moula: Australian online lender providing working capital and business loans to SMEs based on cash flow analysis. Comparable to Bigstone in targeting Australian small businesses with alternative data-driven underwriting outside traditional banking.
• Plenti (formerly SocietyOne): Australian marketplace lending platform originally focused on personal loans, now expanding into automotive and renewable energy finance. Comparable as an Australian marketplace lender connecting borrowers with investor capital.
• MoneyPlace: Australian peer-to-peer lending marketplace offering personal and secured loans. Directly comparable to Bigstone as an Australian marketplace lending platform with investor-facing loan book selection.
• Valiant Finance: Australian business finance broker connecting SMEs with a panel of lenders across commercial, asset, and equipment finance. Comparable to Bigstone in helping Australian SMEs access asset finance through a digital marketplace model.
• OnDeck Australia: Australian arm of OnDeck, providing online small business loans and lines of credit. Comparable to Bigstone as a fintech lender serving Australian SMEs with fast, technology-enabled underwriting and online application.

Broad incumbents

• Judo Bank: Australian challenger bank specializing in SME lending including asset finance. Comparable as a non-bank SME finance provider in Australia, though Judo operates as a fully licensed ADI with deposit-taking and broader product suite.
• Liberty Finance: Established Australian non-bank lender offering asset finance, personal loans, and commercial finance. Comparable to Bigstone as an Australian asset finance provider, though Liberty is a much larger, more diversified incumbent.

Emerging players

• Wisr: Australian fintech operating a lending marketplace alongside credit reporting and consumer finance products. Comparable to Bigstone as an Australian marketplace lending platform, though currently more focused on consumer credit.
• Lumi Financial: Australian online lender focused on working capital and small business loans. Comparable to Bigstone as an emerging Australian fintech targeting SME finance with streamlined digital application.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks2 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/bigstonefinance
• LinkedInlinkedin.com/company/bigstone-finance
• Xx.com/BigstoneFinance

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bigstone Finance