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Lender
SME lender eyes growth after raising $8m
by Reporter • 21 May 2019
Non-bank lender Lumi has successfully completed an $8-million funding round to support its growth ambitions in the...
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Lenders put fixed rates on cutting board as demand slows
by Tas Bindi • 20 May 2019
More lenders have joined the fixed rate cut party amid declining demand.
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NAB reduces revenue threshold for QuickBiz loans
by Reporter • 20 May 2019
The major bank has reduced the minimum annual turnover limit for QuickBiz applications to make loans and overdrafts...
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Resimac introduces building cladding restrictions
by Tas Bindi • 17 May 2019
The non-bank lender has announced that a unit or apartment in buildings with non-compliant cladding will not be...
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Prospa confirms IPO, expects to list next month
by Annie Kane • 16 May 2019
Online SME lender Prospa has officially announced its initial public offering and said it expects to list on the ASX...
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Major bank cuts rates by up to 60bps
by Charbel Kadib • 13 May 2019
A big four bank and a non-major lender have announced variable and fixed mortgage rate reductions across both their...
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Non-major bank updates serviceability requirements
by Reporter • 13 May 2019
A non-major bank has made changes to its minimum serviceability ratio and updated its commercial debt serviceability...
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Bank suspends loan pre-approvals
by Reporter • 10 May 2019
A non-major lender has announced that it has suspended pre-approvals for loan applications indefinitely.
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Platform Finance adds non-bank lender to panel
by Reporter • 10 May 2019
Non-bank lender Classic Funding has been added to two lending panels.
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Lender drops rates by up to 30bps
by Reporter • 9 May 2019
A South Australia-based lender has continued the trend of fixed mortgage rate reductions that have been spurred by...
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