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Sofin

Sofin provides novated leasing services, bundling vehicle finance and running costs into salary packaged arrangements for Australian employees.

Overview

Display / Trading Name
Sofin

Business Description

Sofin, based in Richmond, Melbourne, coordinates novated leasing services that bundle vehicle finance and running costs (registration, insurance, servicing, fuel or charging, roadside assistance) into salary packaged arrangements for employees.

The team manages finance paperwork and shopping over 60 lenders, with ongoing account management to monitor lease budgets and support electric vehicle packaging. Also provides salary packaging for technology or living expenses, and fleet management. Authorised credit representative under Australian Credit Licence 389527.

Service & Expertise

Compensation, Benefits and Rewards

Novated Leasing

Sofin provides Novated Leasing services from Richmond, Melbourne, coordinating salary packaged vehicle finance for Australian employees and their employers.

  • Manages the paperwork, lenders and logistics behind novated lease arrangements, with lease budgets able to include finance repayments plus running costs such as registration, insurance, servicing, tyres, fuel or charging, and roadside assistance.
  • Supports electric vehicle packaging, helping employees compare practical differences in cost, charging and setup against a novated lease alternative.
  • Operates as an authorised credit representative (Australian Credit Licence 389527) trading as SoFin Australia, shopping a panel of over 60 lending partners to source vehicle finance options.
  • Provides ongoing account management, monitoring lease budgets and helping review them if a driver’s kilometres, fuel usage or servicing pattern changes during the lease term.

Best for: Australian employers and employees wanting a novated lease provider to handle vehicle finance, payroll deductions and running cost budgeting, including for electric vehicles.

Compensation, Benefits and Rewards

Salary Packaging

  • Positions Salary Packaging as a distinct offering, letting employees direct pre-tax dollars toward a car, technology or living expenses.
  • Coordinates the arrangement between employer payroll processes and the underlying finance or lease product, alongside its core novated leasing service.
  • Delivered by the same Richmond, Melbourne based team as an authorised credit representative under ACL 389527.

Best for: Employers wanting to extend pre-tax salary packaging benefits, such as vehicles or technology, to their staff.

Operational Coverage

  • Victoria (Hybrid) Local presence: Staff based locally Level 4, 588a Swan Street, Richmond VIC, 3121

Industry

Industry Experience

Financial and Insurance Services

Contacts & Channels

Related Vendors

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