SME
Lender raises $140m to secure march into SME space
by Reporter • 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 Reporter • 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 Tas Bindi • 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 Reporter • 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 Tas Bindi • 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 Reporter • 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 Reporter • 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 Reporter • 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 Reporter • 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 Reporter • 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 Tas Bindi • 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 Reporter • 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 Reporter • 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 Reporter • 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 Reporter • 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 Reporter • 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 Reporter • 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 Reporter • 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 Reporter • 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 Reporter • 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 Reporter • 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 Reporter • 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
SMEs key focus of NSW budget
by Reporter • 22 Jun 2018
The NSW government has announced a suite of measures to support small businesses including reductions to payroll tax... READ MORE
Businesses digging deep as bank fees soar
by • 22 Jun 2018
Businesses contributed a much larger proportion of fees to banks than households in 2017, the latest figures from the... READ MORE
Increasing regulatory scrutiny will benefit fintechs: Moody’s
by Reporter • 22 Jun 2018
Moody’s Investors Service has argued that ASIC’s review of fintech small business lenders illustrates that the... READ MORE
New categories launched for Women in Finance Awards 2018
by Reporter • 20 Jun 2018
Three new categories have been announced for the Women in Finance Awards 2018, including Small Business Adviser of the... READ MORE
Former credit rep permanently banned
by Reporter • 18 Jun 2018
The sole director of a Cairns-based car finance provider and brokerage, who has declared bankruptcy off the back of... READ MORE
‘Innovation’ is key for improving SME finance outcomes: RBA
by Reporter • 15 Jun 2018
Improving the level of information available and focusing on innovation were the main takeaways from a roundtable... READ MORE
Business conditions fall, but remain strong
by Reporter • 15 Jun 2018
The level of business confidence and overall business conditions eased back in May, but the levels still remain around... READ MORE