Strengthens growth ambitions and signals expanded offering

Dynamoney, a leading commercial finance provider for Australian SMEs,  has today appointed senior financial services executive, Brett Thomas, as CEO.

With over 25 years’ experience in commercial lending, Mr Thomas joins at a time of  substantial growth for the specialist SME lender. Dynamoney has grown its loan book by  50% in the past year, underpinned by wholesale lending partnerships with two major  Australian banks.

Mr Thomas spent the past decade at specialist commercial lender Wells Fargo, most  recently leading the business as Managing Director, ANZ. Prior to that he spent 16 years at  GE Capital as a Commercial Leader.

Dynamoney Executive Chairman and current interim CEO, Greg Woszczalski, said the  appointment strongly positions Dynamoney to continue to maximise the significant growth  opportunities in the market and to further its mission of backing Australian SMEs and  powering their success.

“We have a growing national footprint and to have someone of Brett’s calibre lead our high performing team is a significant milestone for the business and signals our intent to continue  our strong growth trajectory,” Mr Woszczalski said.

“The commercial lending market continues to be reshaped, with alternate, specialist lenders  disrupting the status quo by offering more tailored and flexible funding sources.

“Brett brings the expertise, leadership, and industry knowledge needed to take advantage of  this disruption and guide the business through its next phase of growth. We see significant  opportunities to further expand our breadth of clients, grow our lending footprint, and position  our product offering to support even more Australian SMEs.”

Dynamoney was founded in 2015 with a clear purpose to support the heartbeat of Australia’s  economy - small and medium-sized businesses. It provides a comprehensive suite of SME  financing solutions from equipment and asset financing to business lending, lines of credit, and insurance premium funding.

Commenting on his appointment, Mr Thomas said his focus will be on improving operational  simplicity, process excellence, and fostering a strong, people-first culture, setting the  business up for long-term sustainable success.
“I am thrilled to be joining Dynamoney at such an exciting time in its journey. The business  has a strong foundation, a talented team, and a clear purpose in supporting the growth of  Australia’s small and medium-sized businesses,” Mr Thomas said.

“SMEs are the lifeblood of Australia’s economy, making up over 97 percent of all businesses.  Having grown from a small business ourselves, Dynamoney has a unique understanding of  the challenges and opportunities that SMEs face every day. We are laser-focused on becoming the SME lender of choice and helping these businesses with expert guidance and  relevant technology-led solutions.

“As we look to the future, we will continue to innovate, ensuring our products, processes and  systems meet our customers’ evolving needs. I look forward to working alongside the team,  our partners, and customers as we accelerate and shape the next chapter for Dynamoney,  our brokers, and our customers.”

For more information, visit www.dynamoney.com