Lender

Adelaide Bank scraps upfront fees
by Reporter • 3 May 2023
The bank has indefinitely removed upfront home loan fees for new customers, reducing the cost of its mortgage by around... READ MORE

Zip Business to close

by Annie Kane • 1 May 2023
After slimlining its product offering last year, the SME lender has now begun a full ‘winding down’ of its... READ MORE

Pepper notes slowdown in mortgage applications
by Annie Kane • 1 May 2023
The non-bank lender saw the volume of mortgage applications drop 36 per cent in the 12 months to March 2023, as home... READ MORE

SME confidence ‘negative’ in Q1 despite resilience
by Adrian Suljanovic • 1 May 2023
A major bank’s quarterly survey on small and medium-sized enterprises has revealed business confidence has remained... READ MORE

SMEs switch to non-banks during trying times
by • 28 Apr 2023
Despite many small- to medium-sized businesses making plans for growth, tightened lending conditions are encouraging... READ MORE

SME lender reports rise in originations for 3Q23
by Adrian Suljanovic • 28 Apr 2023
Prospa Group Limited has released a trading update for the quarter ended 31 March 2023, reporting lifts in originations... READ MORE

Cyber attack to weigh on non-bank lender’s bottom line
by • 27 Apr 2023
A non-bank lender has acknowledged the major impact of a cyber attack last month on the company. READ MORE

Brighten launches bridging loan product
by Adrian Suljanovic • 27 Apr 2023
A non-bank lender has introduced its new short-term bridging loan product aimed at alleviating pain points associated... READ MORE

Firstmac receives $40m green loan investment
by Adrian Suljanovic • 24 Apr 2023
A non-bank lender has received a $40 million investment by the CEFC to provide discounted finance for its retail green... READ MORE

Apricity enters administration, debtor financiers step up for broker...
by Annie Kane • 20 Apr 2023
Invoice finance and cash flow funding companies are providing accelerated funding for broker SME clients who have been... READ MORE