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Turnaround times spike to 3-year high: AFG
An increase in market lending activity and a competitive lending market have seen lender turnaround times spike to over 27 days in 3QFY21, AFG said.
AGGREGATOR • Sun, 18 Apr 2021
Brokers urged to seize on SME market
The association has urged brokers to upskill to “properly” service the SME market, which it said is growing frustrated with major lenders.
BROKER • Sun, 18 Apr 2021
BOQ records broker loan growth
The non-major has reported an uptick in broker loan settlement flows, and is eyeing further growth in the broker channel.
BROKER • Sun, 18 Apr 2021
Westpac pledges to improve turnaround times
The bank’s CEO attributed longer loan approval times to "issues with offshore processing areas" and responsible lending checks and balances, adding that it is looking to ...
LENDER • Thu, 15 Apr 2021
How a close shave rocked this broker’s perspective
A life-threatening incident forced mortgage broker Tim Reynolds to re-evaluate his life goals and career path, and steered him into broking.
BROKER • Wed, 14 Apr 2021
MYOB partners with cash flow funder
The accounting software platform has partnered with a cash flow financier to assist SMEs with managing cash flow.
AGGREGATOR • Tue, 13 Apr 2021
Plenti quarterly loan originations at record high
The non-bank lender has reported record quarterly loan originations in Q4 FY21, attributing it to growth across each of its three lending verticals.
GROWTH • Mon, 12 Apr 2021
Business demand for equipment at record levels
Businesses are purchasing new equipment and vehicles in record numbers, driven by customers capitalising on strong business conditions, according to new data.
GROWTH • Mon, 12 Apr 2021
Tech tools to make mortgage broking more efficient
We take a look at some of the tools that are helping brokers automate their processes and improve efficiency.
TECH • Sun, 11 Apr 2021