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Small businesses welcome new Deputy PM

Small businesses welcome new Deputy PM
by Reporter • 9 Mar 2018
The small business industry has welcomed the news that former small business minister Michael McCormack has been made...READ MORE
ASIC to force lenders into involuntary liquidation

ASIC to force lenders into involuntary liquidation
by Reporter • 8 Mar 2018
The financial services regulator has filed a court order that could force several car financiers into involuntary... READ MORE
Million dollars

Online SME lender hits $10m milestone
by Reporter • 2 Mar 2018

A non-bank lender has delivered $10 million in small business funding in its first 18 months of operation.

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AFG banking on new commercial platform
by Annie Kane and James Mitchell • 1 Mar 2018
The major aggregator believes that its latest platform will allow a greater number of mortgage brokers to seize... READ MORE

Scottish Pacific profit up by 10% as broker originations rise
by Reporter • 28 Feb 2018
The debtor finance company has reported a boost in new business from brokers in the first half of the 2018 financial... READ MORE
Small businesses increasingly accessing alternative finance

Small businesses increasingly accessing alternative finance: OECD
by Reporter • 23 Feb 2018
Small and medium-sized enterprises are “over-reliant” on bank credit but are increasingly turning to alternative... READ MORE
Trophy, number one high-growth company

Australian SME lender named APAC’s top high-growth company
by Reporter • 23 Feb 2018
Small business lender Prospa has been named as the number one high-growth company in Asia-Pacific in The Financial... READ MORE
GoGetta joins Connective asset finance panel

GoGetta joins Connective asset finance panel
by Reporter • 23 Feb 2018
Equipment funder GoGetta has joined Connective’s BOLT asset finance panel to help broker clients fund new and used... READ MORE
Risk

APRA deems SME loans ‘higher risk’
by Staff Reporter • 16 Feb 2018
In its efforts to make Australian banks “unquestionably strong”, the prudential regulator is proposing that ADIs... READ MORE
Non-bank lender says NPP will be 'transformative' for SMEs

Non-bank lender says NPP will be ‘transformative’ for SMEs
by Staff reporter • 16 Feb 2018
The introduction of the New Payments Platform could transform the way SMEs conduct business in a number of key areas,... READ MORE
Appoints new Head of Sales and Distribution

GetCapital appoints new head of sales and distribution
by Reporter • 16 Feb 2018
SME lender GetCapital has announced that it has appointed a new head of sales and distribution to help grow and... READ MORE
CAFBA applauds Productivity Commission report

CAFBA applauds Productivity Commission report
by Reporter • 9 Feb 2018
The Commercial Asset Finance Brokers Association of Australia has welcomed the Productivity Commission’s draft... READ MORE
Meeting, discussion

‘Insufficient attention’ being paid to improving SME loan risks
by Reporter • 9 Feb 2018
SME loan risk weightings are just one of several “notable failings” that are impacting competition for SME finance,... READ MORE
federal budget

SMEs reveal wish list for this year’s federal budget
by • 9 Feb 2018
A third of SMEs have suggested that government policies will be the biggest impact on their business in 2018, meaning... READ MORE
Appointed

SME lender appoints industry veteran to ‘spearhead’ expansion
by Reporter • 7 Feb 2018
A new player in the cash flow finance sector has announced the appointment of an industry veteran to lead operations... READ MORE
bankrupt car lender director

ASIC seeks to bankrupt car lender director
by Reporter • 2 Feb 2018
The financial services regulator has commenced proceedings for the recovery of unpaid fines and cost orders against a... READ MORE
ANZ

ANZ updates asset finance commissions
by Reporter • 2 Feb 2018

The big four bank has released some new commission structures for its asset finance lending.

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prospa small business lender appointment raj bhat

Prospa announces new leadership appointment
by Reporter • 29 Jan 2018
Online small business lender Prospa has appointed a KPMG partner to the role of head of group capital... READ MORE
concern over IO loan restrictions

FBAA voices concern over IO loan restrictions
by Reporter • 19 Jan 2018
The prudential regulator’s restrictions on the amount of interest-only loans that can be written by lenders could end... READ MORE

New law to increase tax debt transparency
by Staff reporter • 19 Jan 2018
The federal government has unveiled new legislation aimed at increasing the transparency of business tax debts,... READ MORE
Recipients of Women in Leadership Scholarship announced

Recipients of Women in Leadership Scholarship announced
by Reporter • 12 Jan 2018

Fifteen women have been announced as recipients of CAFBA’s Women in Leadership Scholarship program.

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steve menzies beaver rugby league to broking industry

Beaver the broker
by Reporter • 12 Jan 2018

How Steve “Beaver” Menzies went from scoring tries in rugby league to sinking his teeth into broking.

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Money rolls, savings

Small businesses saving $9bn as rate burden eases
by Reporter • 10 Jan 2018
Australian small businesses are saving billions due to “record low” interest rates, according to the Australian... READ MORE
Money lender

Finance company becomes new short-term commercial lender
by Reporter • 9 Jan 2018
An ASX-listed financial and property services company has begun funding its own short-term commercial loans using its... READ MORE
Neil McKay

The ins and out of the SME market
by Neil McKay • 22 Dec 2017
If you aren’t already offering services to SMEs, 2018 could be the year you start. Neil Mckay of SME Finance Group... READ MORE
New banking code of practice could benefit small businesses

New banking code of practice could benefit small businesses
by Reporter • 22 Dec 2017
A new banking code of practice, which includes a longer notice period for changes on small business loans, has been... READ MORE
ANZ

Regulator denies ANZ’s sale of asset finance business
by Reporter • 21 Dec 2017
ANZ New Zealand’s attempt to sell its asset finance business, UDC, to a Chinese conglomerate has been blocked by a... READ MORE
Launch

Digital white label commercial loans to launch in 2018
by Reporter • 15 Dec 2017
The first digital white label commercial solutions will launch next year, according to the sales director of a... READ MORE
Internet speed

Internet speeds impacting business growth
by Staff Reporter • 15 Dec 2017
Poor internet connectivity is hampering business growth, with more than half of businesses claiming to be impacted on... READ MORE
Money, cash, loan offering

Major bank expands unsecured loan offering for SMEs
by Reporter • 15 Dec 2017

Small businesses will now have access to up to $100,000 of unsecured loans from a major Australian bank.

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