snichols

Moneytech secures over $400m in funding facilities

The non-bank believes this funding injection will further its drive into the SME lending space.

LENDER • Tue, 01 Feb 2022

NSW unveils $1bn COVID-19 SME support package

The state government will allocate more than $1 billion to assistance packages to help navigate the omicron variant.

COMPLIANCE • Mon, 31 Jan 2022

Prospa to relaunch 8-week repayment pause

As SMEs continue to seek flexibility amid the pandemic, the lender has relaunched its repayment pause function.

LENDER • Mon, 31 Jan 2022

ACT extends COVID-19 business support

The measures include continued assistance for small businesses and hospitality venues, alongside the announcement of further aid for live music venues.

COMPLIANCE • Sun, 30 Jan 2022

Wisr loan origination growth up 62% for quarter

The lender originated $136 million in the December quarter, marking the 22nd consecutive quarter of new loan growth.

LENDER • Sun, 30 Jan 2022

Lender co-CEO predicts asset finance growth for 2022

Grow Finance’s co-chief executive has speculated that business confidence and capital asset investments will rise as COVID-19 becomes endemic.

LENDER • Wed, 26 Jan 2022

N1 quarterly figures driven by SME lending

The financial services provider has said 79 per cent of its total cash receipts over the December quarter were via SME lending.

LENDER • Wed, 26 Jan 2022

Flood relief assistance extended to Somerset Region

Queensland and federal government-funded grants of up to $50,000 are now available for impacted primary producers based in the LGA.

COMPLIANCE • Mon, 24 Jan 2022

Simplicity Loans & Advisory reaches $2bn milestone

The brokerage’s co-managing directors believe this settlement figure has been driven by its team, technology and third-party referral network.

BROKER • Mon, 24 Jan 2022