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Lender
ING warns customers of ‘sophisticated’ scam
by Josh Needs • 12 Sep 2023
The convincing email impersonation scam has included a PDF that advertises fake rates and aims to get customers to hand...
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Pelorus Capital launches trade finance offering for SME brokers
by Reporter • 11 Sep 2023
The trade finance provider has announced an offering for Australian SME brokers to help with sourcing capital for...
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A mutual merger 4 years in the making now confirmed
by Josh Needs • 8 Sep 2023
First raised in 2019, the projected merger date will see the unified entity have almost $4 billion in combined assets...
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Thinktank GM retires following 4-decade career
by Josh Needs • 7 Sep 2023
Peter Kearns, the general manager of Thinktank, has retired following a 17-year career at the non-bank lender and a...
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The mutuals buzz
by • 7 Sep 2023
Amid the surge towards digital banking and the closure of traditional bank branches, the mutual banking sector –...
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Major bank to acquire invoice lender
by Annie Kane • 6 Sep 2023
A big four bank is set to expand its working capital solutions offering after agreeing to acquire an invoice lending...
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Westpac faces court over alleged failures in processing hardship...
by Josh Needs • 6 Sep 2023
ASIC has commenced civil proceedings against the major bank for allegedly failing to process 229 hardship applications...
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Funding.com.au partners with Finsure
by Reporter • 6 Sep 2023
The bridging loan specialist has partnered with Finsure, opening its product range to the aggregator’s brokers.
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Grow Finance pulls out of invoice finance and trade finance
by Annie Kane • 4 Sep 2023
The SME lender has ceased offering invoice and trade finance products, with its existing facilities being sold to...
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2 more mutuals announce intention to merge
by Annie Kane • 1 Sep 2023
Two customer-owned lenders have announced that they intend to merge, with member votes expected later this year.
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