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Business lender receives $87.5m ABSF investment
by • 17 Sep 2021
GetCapital is set to receive $87.5 million worth of mezzanine funding from the government’s Australian Business...
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Major bank apologises for ‘unacceptable’ CCI conduct
by Annie Kane • 16 Sep 2021
A big four bank has apologised to customers affected by “unacceptable” conduct in former CCI sales, which are now...
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Non-bank turnarounds starting to slow
by Annie Kane • 16 Sep 2021
While time to initial credit decision has held firm at an average of eight days, non-bank turnarounds have slowed,...
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3 in 10 small businesses ponder quitting: Judo
by Malavika Santhebennur • 16 Sep 2021
New research has revealed that many small businesses are thinking of quitting altogether due to the impact of...
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Major bank expands SME offering
by Annie Kane • 15 Sep 2021
SMEs can borrow up to $2 million over 30 years as part of a new offering from a big four bank.
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New floor-plan finance product released
by • 14 Sep 2021
An SME lender has launched a new floor-plan financing offering, providing up to $3 million for showroom assets.
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SocietyOne prices inaugural ABS
by Reporter • 14 Sep 2021
The non-bank lender has priced an ABS bond issue worth over $180 million, backed by unsecured personal loans.
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Brokers face prolonged vehicle supply issues, say lenders
by Sarah Simpkins • 13 Sep 2021
Finance brokers have been told to watch out for heightened vehicle demand and inflated prices in the 12 months ahead.
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Prospa prices 1st ABS
by Malavika Santhebennur • 13 Sep 2021
The SME lender has priced its first public ABS of $200 million, which was supported by small-business loans.
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Bluestone drops rates, fees, launches new offset feature
by Annie Kane • 13 Sep 2021
Rates, fees, and loadings will be dropped across a range of Bluestone products this Friday, and a new offset feature...
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