SME SME People
SME fintech eyes broker channel following funding round
by • 10 Aug 2018
Debtor financier and cash flow management fintech Skippr has said that it will be focusing on the broker channel...READ MORE
CBA and Suncorp reveal SME lending results
by • 10 Aug 2018
The banks have outlined the underlying performance of their business lending divisions in their full-year 2018... READ MORE
Westpac commits $100m in ‘discounted’ loans to agribusinesses
by • 10 Aug 2018
The major bank has announced its commitment to disburse $100 million in loans to eligible drought-affected agribusiness... READ MORE
Suncorp updates SME loan terms
by • 3 Aug 2018
The non-major bank has made changes to its small business loan terms in a bid to make them “fairer”, while also... READ MORE
Ombudsman ‘disappointed’ with SME definition in new banking code
by • 3 Aug 2018
The Small Business Ombudsman is “disappointed” with the definition of an SME loan facility in the new Code of... READ MORE
Credit squeeze flagged as greatest threat to business growth
by • 2 Aug 2018
Australian businesses have flagged the lending crackdown as the greatest risk to growth, according to new... READ MORE
Marketplace lender joins aggregator panel
by • 2 Aug 2018
Wisr has become the latest lender to join the panel of Connective, enabling brokers to access its unsecured personal... READ MORE
Lender raises $140m to secure march into SME space
by • 2 Aug 2018
An emerging small business lender has announced that it has finalised its first round of equity raising at $140... READ MORE
PC weighs in on impacts of open banking on SMEs
by • 27 Jul 2018
Open banking may lead to a dependence on “hard data”, which would prompt some lenders to invest more in customer... READ MORE
Ombudsman calls for greater support for drought-affected SMEs
by • 27 Jul 2018
The Small Business Ombudsman has called for a major bank to extend its support to small businesses in rural and... READ MORE
Why brokers need to rethink their self-employed clients
by • 27 Jul 2018
Brokers are potentially opening their businesses up to “massive risk” by missing out on the business needs of their... READ MORE
NAB announces changes for agribusiness customers
by • 25 Jul 2018
The major bank has announced three key changes in a bid to better serve its agribusiness customers in regional and... READ MORE
SME lender obtains $75m to refinance book and boost business
by • 20 Jul 2018
OnDeck has closed a $75 million asset-backed revolving credit facility from Credit Suisse in a move to refinance its... READ MORE
Consultation launches on ‘modernising’ the ABN system
by • 20 Jul 2018
The federal government has today launched a consultation on changes to the Australian Business Number system, which... READ MORE
Regional businesses seeing growth through innovation
by • 20 Jul 2018
Optimism among regional businesses is growing as they increasingly identify opportunities for growth... READ MORE
Aggregator to roll out new asset finance offering
by • 20 Jul 2018
AFG has announced that it will be introducing asset finance options to its suite of commercial finance products on its... READ MORE
Specialist lenders and brokers bolstered by tough credit market
by • 20 Jul 2018
Securing finance is becoming tougher for small business clients, with both specialist lenders and brokers confirming... READ MORE
Regional bank asks APRA to change agribusiness standards
by • 19 Jul 2018
Bendigo and Adelaide Bank has called on the prudential regulator to amend standards around agribusiness lending to... READ MORE
Regulation of SME space ‘a good thing’
by • 13 Jul 2018
ASIC’s work into SME lenders and regulation of the space should be welcomed and could improve the industry, the heads... READ MORE
Business confidence steady in June: NAB
by • 13 Jul 2018
The month of June saw NAB’s business confidence index drop a point lower while business conditions edged a point... READ MORE
Aggregator and P2P lender launch online car loans for brokers
by • 13 Jul 2018
Connective and RateSetter have joined forces to launch an online consumer car finance product specifically for the... READ MORE
NAB provides $50m to SME lender
by • 11 Jul 2018
The big four bank has set up a $50 million special purpose vehicle with SME lender GetCapital to help fund more loans... READ MORE
Market uncertainty stifling business confidence
by • 6 Jul 2018
Business confidence is falling off the back of increased market uncertainty, new research has revealed.
READ MOREOmbudsman calls for government guarantees for SMEs
by • 3 Jul 2018
The Small Business Ombudsman has recommended that the government provide guarantees for SMEs to use as a form of... READ MORE
SMEs driving surge in second mortgages
by • 3 Jul 2018
Short-term lender Semper Capital has revealed that it has seen second mortgage loans surge by 64 per cent year-on-year,... READ MORE
SME lenders sign new Code of Lending Practice
by • 2 Jul 2018
Six fintech lenders have signed a new Code of Lending Practice that aims to standardise transparency and disclosure... READ MORE
Labor to rescind business tax cuts if elected
by • 29 Jun 2018
The Australian Labor Party has said that it will repeal some of the business tax cuts legislated by the Turnbull... READ MORE
Deadline shift for CGT a ‘welcome relief’
by Reporter • 29 Jun 2018
The government will amend the start date of its proposed small business CGT concessions measure, a move tipped to bring... READ MORE
Bank grilled over seizure of farmer’s home
by • 29 Jun 2018
The financial services royal commission has revealed that the big four bank forced the sale of an intergenerational... READ MORE
ANZ sells SME banking business
by • 27 Jun 2018
The major bank has announced that it has entered into an agreement to sell its retail, commercial and small- to... READ MORE