MEDIA RELEASE
2005 - A GREAT YEAR FOR OXFORD FUNDING AND THE AUSTRALIAN DEBTOR FINANCE INDUSTRY

Oxford Funding has finished 2005 on a high note of achievements.

In just 12 months, Australia¹s leading debtor financing specialist has:

• Launched Invoice Xcelerator which is a true non-recourse Debtor Finance product. Oxford provides 90% funding and credit protection.
• Released Invoice Discounting MKII to a great reception. The reduced security requirements and increased funding have been a great attraction to directors of medium sized enterprises.
• Entered the Export Debtor Finance business. Oxford gained official accreditation by the Factors Chain international, and is only the second member in Australia.
• Acquired by Bendigo Bank Ltd which has boosted the operating base.
• Moved to a new head office in Melbourne's Docklands.

‘In just 12 months, Oxford Funding has made massive steps forward,’ says Oxford Funding’s Rob Lamers. ‘We are now a bigger and different business with a much wider range of products, a different operating base and position in the market.

‘Oxford Funding is finishing 2005 as the big mover of the year in the Debtor Finance industry. Our growth has created a new benchmark of what can be achieved with the right strategy.

‘Here’s looking forward to an even better 2006 when we'll be releasing many other marketing initiatives.’ Lamers said.

In the twelve months to June 2005, the Australian Debtor Finance industry grew a further 27%.

Oxford Funding is a wholly owned subsidiary of Bendigo Bank.

ENDS

Contact Oxford Funding on 1800 850 509 or www.oxfordfunding.com.au
More media information: Rob Lamers (03) 8414 7600

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