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Lender

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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... READ MORE
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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. READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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. READ MORE
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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. READ MORE
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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... READ MORE