snichols

Elite Broker Q&A: Jennifer Richardson, 123 Financial Group

We find out why Ms Richardson decided to enter the industry, how she manages to do everything at once, and the underlying appeal of mortgage broking.

GROWTH • Mon, 22 Nov 2021

SME lending ‘desperately needs better regulation’, says lender

Tradeplus24 is calling for better invoice lending regulation or a self-regulated code of conduct after suggesting “predatory practices” are rampant in Australia.

COMPLIANCE • Sun, 21 Nov 2021

84% of SMEs think bank loans are hard to secure

Only 16 per cent of SMEs think it’s easy to secure a loan through a bank, according to the inaugural RedZed Self-Employed Business Index.

LENDER • Thu, 18 Nov 2021

ASIC sues group over behaviour against debtors

The financial services regulator has taken a debt negotiator to court over allegations of misleading, threatening and coercive conduct.

COMPLIANCE • Thu, 18 Nov 2021

Resimac settled record $2.5bn in 1Q22

The non-bank lender settled a new record in the first three months of this financial year, up 72 per cent on the prior comparative period.

LENDER • Tue, 16 Nov 2021

Half of small businesses reporting decreased stock, reduced cash flow

Over 50 per cent of small businesses lack the stock to capitalise on Australia’s reopening, while 44 per cent are experiencing impacted cash flows.

LENDER • Tue, 16 Nov 2021

Oak Capital confirms AFG panel inclusion

The non-banker lender has unveiled that it’s AFG’s latest commercial lending panel partner.

AGGREGATOR • Mon, 15 Nov 2021

SMEs increasingly turning to trusted advisers

While nine in 10 SMEs now have a trusted adviser only 3.3 per cent stated a broker was their main business adviser, according to a new survey.

LENDER • Mon, 15 Nov 2021

Funding confirms 2 new leadership appointments

The mortgage marketplace and lender has announced new additions to its senior management, including BOQ’s former head of mortgage operations and transformations.

LENDER • Sun, 14 Nov 2021