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Lender
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...
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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...
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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...
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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...
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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...
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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.
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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...
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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...
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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...
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Earlypay welcomes Tony Harmey as BDM
by Annie Kane • 20 Apr 2023
The cash flow finance lender has appointed the former Apricity Finance national head of sales and relationship as a BDM...
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