QuickFee Limited has reported a robust 77% increase in Australian originations for Q4 FY26 to-date, driven by strong Fee Funding and Disbursement Funding growth. The company boosted its Australian credit facility by A$15 million, signalling confidence in its low-risk lending model, while US operations focus on reseller channel expansion amid a product embedding delay.
- Australian Fee Funding originations up 50%
- Disbursement Funding originations surge 185%
- Australian credit facility increased to A$60 million
- US originations flat with 3% decline
- FY26 EBTDA guidance confirmed at A$3.75–4.25 million
Australian Originations Drive Loan Book Growth
QuickFee Limited (ASX:QFE) has posted a striking 77% year-on-year increase in total Australian finance originations for the first two months of Q4 FY26, lifting total transaction value (TTV) to A$17.7 million. This surge is underpinned by a 50% rise in Fee Funding originations to A$12 million and an even more pronounced 185% jump in Disbursement Funding (DF) originations to A$5.7 million. The latter growth is attributed to recent signings of major personal injury law firms, including two with revenues exceeding A$50 million, which are expected to generate A$5 million to A$10 million in DF originations in FY27.
The DF product, unique to Australia, provides law firms with cash flow to cover client disbursements, with revenue recognised over up to three years, suggesting sustained income streams ahead. QuickFee’s Australian loan book stood at A$53.5 million as of 31 May 2026, with DF loans comprising nearly half.
US Operations Remain Stable Amid Reseller Strategy
In contrast, QuickFee’s US Fee Funding originations were relatively flat, declining slightly by 3% on the previous corresponding period to US$3.2 million. The company’s US Pay Now business was sold in September 2025, and QuickFee now operates a lean US team of three employees with minimal product development costs. The US finance offering is set to be embedded into Aiwyn’s payment solutions by December 2026, later than the initially planned June 2026 date. This reseller agreement with Aiwyn is central to QuickFee’s strategy to stimulate growth in the US market through incentivised sales efforts.
Credit Facility Upsized Reflecting Confidence
QuickFee has increased its Australian dollar receivables-backed credit facility with Viola Credit from A$45 million to A$60 million. This upsizing, anticipated in the original refinancing deal from June 2025, signals strong lender confidence in QuickFee’s low credit risk profile and management execution. The additional A$15 million headroom is earmarked to support further growth in both Fee Funding and Disbursement Funding books in Australia. The US facility remains at US$15 million with potential expansion to US$30 million pending approval, leaving the company with a total global borrowing capacity of A$26.8 million to fuel future loan book expansion.
Financial Outlook and Dividend Plans
QuickFee confirmed its FY26 earnings before tax, depreciation, and amortisation (EBTDA) guidance in the range of A$3.75 million to A$4.25 million, excluding profits from the US Pay Now sale. The company completed its maiden dividend payment of 0.5 cents per share in March 2026 and anticipates a further final dividend of the same amount for FY26. Additionally, a special dividend of approximately 1 cent per share is expected later in 2026, supported by escrowed funds and operational cash flow generation.
Strategic Positioning and Future Prospects
CEO Bruce Coombes emphasised QuickFee’s transformation into a 100% low-risk B2B lender focused on accounting and legal sectors in Australia and the US. The company’s scalable business model benefits from minimal ongoing capital expenditure and a strong balance sheet. While the Australian market delivers steady growth and profitability, the US business’s expansion hinges on the successful embedding of its finance product within Aiwyn’s platform. The delay to December 2026 introduces some uncertainty around the US growth timeline, but management remains optimistic about organic growth potential and open to inorganic opportunities.
Bottom Line?
QuickFee’s robust Australian growth and increased credit capacity position it well for FY27, but US expansion depends on timely execution of the Aiwyn reseller integration.
Questions in the middle?
- How will the delayed embedding of QuickFee’s US finance product with Aiwyn affect revenue growth timing?
- What impact will the run-off of the BNPL loan book by December 2026 have on overall earnings?
- Could QuickFee pursue acquisitions to accelerate growth beyond organic expansion in Australia and the US?