SME - The Adviser

Friday, 13 Oct 2017

Following a review of its interest rates, a non-major bank has announced that the variable rate for all new commercial loan applications less than $500,000 will increase by 20 basis points from 13 O...

bandwagon, SME fintech lenders, Hon Michael McCormack MP, Minister for Small Business

08:31 AM, 13 Oct 2017

The Hon Michael McCormack MP, Minister for Small Business, has said that the coalition government is “on the bandwagon” of fintech, particularly because of its role in supporting SMEs. ...

15:08 PM, 12 Oct 2017

In three years, online lender Spotcap has issued over $180 million in credit lines to small and medium-sized enterprises (SMEs) around the world with the help of a growing network of third parties...

15:01 PM, 12 Oct 2017

The latest NAB Monthly Business Survey shows that the construction industry is driving positive conditions for Australian businesses, leaving the economy on solid ground to combat looming challeng...

09:48 AM, 6 Oct 2017

The SME business sector is the largest in our economy, but many would agree that it has been underserviced by the funding options available to it for decades. ...

09:17 AM, 6 Oct 2017

NAB has undertaken a “complete overhaul” of its existing business standard loan form contract, which it says could benefit more than 130,000 SME owners. ...

09:10 AM, 6 Oct 2017

The growth in Australia’s business lending will soon overtake that of residential lending, a new study from investment researcher Morningstar has predicted. ...

08:27 AM, 6 Oct 2017

Specialist financier NWC Finance has reported “record demand” in the first three months of the 2017–18 financial year, following an “unprecedented number” of land buyers and developers co...

Australia, second largest alternative finance market, APAC

09:37 AM, 29 Sep 2017

Australia has overtaken Japan as the second-largest alternative finance market in the Asia-Pacific region, growing by 53 per cent in one year to US$609 million ($774 million) in 2016. ...

17:19 PM, 27 Sep 2017

Former Pepper Group CEO Patrick Tuttle said that the third-party channel will be integral to the growth strategy he has planned for the SME lender he acquired last week. ...

New finance broking arm launches for food and drink industry

07:45 AM, 26 Sep 2017

Commercial finance broker and CAFBA vice president Kathryn Bordonaro has launched a new finance broking brand that specialises in finance for the food and drink industry. ...

10:51 AM, 22 Sep 2017

The number of small and medium-sized businesses citing cash flow as a key barrier to business growth has increased by almost 10 per cent in just six months. ...

Cynicism builds as governments fail SMEs

08:33 AM, 22 Sep 2017

Business leaders are becoming increasingly cynical of governments at all levels as the bluster about supporting SMEs fails to translate into meaningful action. ...