Consumer Finance

Wingate Consumer Finance (WCF) is a leading non-bank personal loan specialist. Trading under the NOW FINANCE and MacCredit brands, we have developed multiple distribution channels, a state of the art technology platform and a differentiated product offer that has allowed us to successfully grow market share and in doing so originate a diversified portfolio of high quality consumer loans.

Our secured and unsecured personal loan products are distributed through a national network of over 2300 accredited finance brokers, over 1400 point of sale introducers as well as direct to consumers via our leading online portal and Australian based customer care centre.

While the personal loan market is large, it remains non-core to many of the established banking groups who’d prefer to offer customers a credit card or residential mortgage. This lack of focus matched with below expected customer service and often expensive loans has defined the opportunity for our business. WCF has grown rapidly as a result of offering creditworthy customers’ competitive pricing and a far superior customer experience through outstanding service, the simplicity of product design and a state of the art technology platform.


Fundamental to our success has been the development of a unique business platform which includes:

  • Technology led innovation enabling operational effectiveness and a superior customer experience and service
  • Simplicity of product design which means easy to understand loans
  • Robust risk assessment and management which underpins the high quality of our loan book
  • A strong compliance culture and oversight which has been paramount from the start
  • A scalable institutional grade funding model has evolved to ensure targeted growth can be achieved and funding costs optimised
  • An experienced management team has guided the development and execution of a compelling growth strategy


WCF has successfully developed an institutional grade funding platform which is made up of three key parts:
1. A bank warehouse;
2. Ongoing investor note programs – currently 4 in market; and
3. Dedicated institutional note program with a large insurer

Learn more about co-investing in our note program.

Consumer Finance Team

Richard Blumberg

Managing Director, Consumer Finance

B.Comm, B.Compt, Chartered Accountant

Richard has over 20 years of experience in financial markets, including advisory and principal investing roles in equity and debt markets in Australia and offshore. Richard’s career has included senior roles at ING Barings, Investec Bank, Hindal Group and River Capital where he developed a strong track record in mid-market advisory, private equity and debt.

David Norman

General Manager, Consumer Finance

David has nearly 20 years’ experience in the consumer finance industry in Australia and New Zealand. Prior to joining Wingate Consumer Finance, David was Sales Director for GE Capital’s personal loan business as well as General Manager of their New Zealand personal loan business.

He held numerous sales distribution and senior management roles with GE over a 15 year period, including four years in their South African business.

Mark Hansen

Chief Operating Officer, Consumer Finance

B.Bus (Acc), Chartered Accountant

Mark has over 25 years experience in professional advisory and corporate businesses.

Prior to joining Wingate Consumer Finance he gained extensive experience in CFO and Company Secretary roles within private equity backed businesses focused on sector consolidation and growth. He spent time as CFO of Vision Group Holdings Limited (“VGH”), a private equity back consolidation in the Healthcare Sector and was involved with from its initial development through to successful listing on the Australian Stock Exchange.

Prior to commencing the first of his CFO roles Mark was a Director of corporate finance firm Hindal Corporate where he was involved in a range of transactions, including capital raisings, business acquisitions and disposals and private equity investments.

James Cunningham

Head of Funding and Corporate Development, Consumer Finance

B.Comm (First Class Honours)


James has nearly 20 years of experience in financial markets, including proprietary and risk management roles in equity, debt and foreign exchange.

James’s career has included senior roles at Macquarie Bank in Sydney, London and New York.

Craig Shillito

Head of Risk, Consumer Finance

Craig has over 20 years’ experience in the financial services industry, specialising in data-based business improvement using a LEAN approach. His experience in consumer finance spans Sales, Underwriting, Settlements, LEAN Six Sigma, Project Management and Collections.

Prior to joining Wingate Consumer Finance Craig held several senior leadership roles at GE Capital.

Steve Rabbitt

General Manager, MacCredit

Marketing Management Diploma (BCIT), Diploma of Finance and Mortgage Broking (ISM)

Steve has 30 years experience in the financial services industry. Specialising in sales and customer service, he has significant expertise in leadership and delivering strong sales results.

Prior to joining MacCredit, Steve held senior roles at Aussie Home Loans and GE Money.


Robert Reeve

Head of Marketing, Consumer Finance

BA (Hons), MSc, ACIM

Robert has more than 10 years marketing experience and has held senior roles both client-side and within agencies. He specialises in the digital ecosystem, including search engine optimisation, social media, marketing communications, advertising, customer loyalty and marketing analytics.

Prior to joining Wingate Consumer Finance, Robert founded the Bough Agency, a digital marketing consultancy in the UK with offices located in three continents. The Bough Agency developed global inbound strategies for a range of international clients including eBay, Antler, the NHS, and Readers Digest.