Liberty Financial was one of the fastest growing lenders in Australia over the 2013 financial year. Its loans under management - which cover a range of specialist lending classes, including prime and non-conforming mortgages, and vehicle and business finance - increased by 17 per cent to A$2.7 billion. This is around four times the rate of growth of private sector credit.  Net profit for the year increased by 12 per cent, to $40.1 million. Net assets were $308 million and no dividend was paid.One facet of Liberty's operations that is not growing much is its Term Investment Fund.Seeded with $10 million in capital by Liberty in 2010, this fund (which invests in Liberty's loans) had grown to only $14 million in funds under management by the middle of this year.