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SME

Diversification more important now than ever, says business coach

by Malavika Santhebennur • 24 Oct 2022
Branching out into SME lending could derisk a mortgage brokerage, which is vital in a cooler housing market, according...READ MORE

Over 1/3 of SMEs unaware of alternative financing options

by Adrian Suljanovic • 18 Oct 2022
Australian small and medium-sized enterprises are seeking financial assistance to fund immediate needs; however, some... READ MORE

Invoice financier looking to fill SME lending void

by Charbel Kadib • 11 Apr 2019
An SME lender has identified opportunities to capitalise on changes in the credit space amid ongoing concern over the... READ MORE

Bill to establish $2bn SME fund approved

by Reporter • 8 Apr 2019
A $2 billion securitisation fund, designed to improve access to finance for Australia’s SME sector, has passed both... READ MORE

Parliament approves $30k SME asset write-off

by Reporter • 5 Apr 2019
Both houses of Parliament have approved the federal government’s bill to lift the instant asset write-off for SMEs to... READ MORE

Brokers urged to seize opportunities in SME space

by Reporter • 4 Apr 2019
Mortgage brokers have been encouraged to step into the SME lending space amid new research highlighting the burgeoning... READ MORE

SME lender signs $100m debt facility

by Reporter • 3 Apr 2019
A new entrant in the SME lending space has secured a $100 million debt facility, which it said would broaden its... READ MORE

New commercial finance diploma set to launch

by Annie Kane • 2 Apr 2019
A new diploma specialising in commercial and asset finance is set to launch next month, enabling brokers and bankers to... READ MORE

SMEs favour higher rates over securing loan against property

by Reporter • 25 Mar 2019
Small business owners “resent” securing business funding against property, with the payment of higher interest... READ MORE

Regulators dismiss Hayne’s call for change to SME definition

by Reporter • 21 Mar 2019
Australia’s financial regulators have weighed in on commissioner Kenneth Hayne’s SME recommendations, with the... READ MORE

Prospa hires new GM to manage NZ business

by Ezekiel MacNevin • 12 Mar 2019
The SME lender has announced that it has hired its first general manager to head up operations in New... READ MORE

Industry at loggerheads over SME definition

by Reporter • 1 Mar 2019
Small business ombudsman Kate Carnell has called for proposed changes to the definition of SME to be enshrined in the... READ MORE

ABA contests royal commission’s SME reform

by Charbel Kadib • 28 Feb 2019
The banking association is hesitant to support Commissioner Kenneth Hayne’s recommendation to change the definition... READ MORE

RC exacerbating SME funding woes

by Reporter • 22 Feb 2019
Access to credit for small businesses is expected to be hindered further off the back of the banking royal commission,... READ MORE

Government to legislate commitments to SMEs

by Reporter • 15 Feb 2019
The Coalition government has formally introduced two pieces of legislation in parliament designed to enhance the... READ MORE

Brokers to play key role in post-RC climate

by Reporter • 4 Feb 2019
SMEs will be increasingly looking to brokers to source alternative finance, with banks expected to have “more hurdles... READ MORE

$83bn SME funding gap exposed

by Charbel Kadib • 1 Feb 2019
New research has shed light on credit constraints in the SME space, compounded by a lack of trust in banking... READ MORE

Government opens consultation on $2bn SME fund

by Reporter • 7 Jan 2019
The federal government has announced that a bill designed to establish a $2 billion SME securitisation fund is open for... READ MORE

Commercial space not exempt from stricter credit policies

by Reporter • 28 Dec 2018
Tighter lending standards in the mortgage industry, imposed off the back of regulatory scrutiny, have been just as... READ MORE

Major banks ‘feeding’ off small businesses, says Ombudsman

by Annie Kane • 14 Dec 2018
The Australian Small Business and Family Enterprise Ombudsman has said she is concerned that major banks have been too... READ MORE

SME lender appoints new state manager

by Reporter • 12 Dec 2018
A cash flow finance provider has announced the appointment of a state manager to “spearhead” interstate sales... READ MORE

Court approves acquisition of SME lender

by Charbel Kadib • 10 Dec 2018
The $630 million takeover of a business lender is “legally effective” following the Supreme Court approval of the... READ MORE

80% of SMEs worried about cash flow

by Annie Kane • 7 Dec 2018
Eight in 10 small business owners have concerns related to cash flow, new research has found, with a small business... READ MORE

SME lender acquisition approved by shareholders

by Annie Kane • 7 Dec 2018
Shareholders of a debtor financier have voted to approve a $630 million takeover bid from a private equity... READ MORE

Growth of alt finance a ‘huge opportunity’ for brokers

by Reporter • 5 Dec 2018
Brokers can “future-proof” their businesses by capitalising on the continued growth of the alternative finance... READ MORE

SME access to finance drops to ‘five-year low’

by Annie Kane • 30 Nov 2018
Small and medium-sized businesses are continuing to struggle to access finance, with new data released by marketing... READ MORE

SME loan demand surges ahead of Christmas

by Reporter • 30 Nov 2018
SME loan applications were nearly 2.5 times above the monthly average in November, with demand highest among... READ MORE

Westpac launches tool to speed up SME access to funds

by Jotham Lian • 30 Nov 2018
The major bank has launched an invoicing payment tool to provide SMEs “quicker access to funds” ahead of the... READ MORE

Major bank unveils invoicing product

by Jotham Lim • 29 Nov 2018
A big four bank has launched an invoicing payment tool aimed at small businesses, as it prepares for the rollout of... READ MORE

Asset finance group rebrands

by Annie Kane • 27 Nov 2018
Asset finance services partner Platform Consolidated Group has rebranded to Platform Finance following the appointment... READ MORE