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SME

Online SME lending to hit $2bn by 2020

by Reporter • 17 Apr 2018

Online small business lending is growing by 79 per cent and could hit $2 billion by 2020, according to OnDeck.

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Calls for overhaul of ATO’s SME dealings

by Reporter • 13 Apr 2018
Allegations of impropriety and heavy-handedness by the Australian Taxation Office on small and medium-sized enterprises... READ MORE

La Trobe Financial’s $750m RMBS receives highest credit rating

by Staff Reporter • 13 Apr 2018
Standard & Poor’s has provided its highest credit rating to $658.5 million of La Trobe Financial’s sixth... READ MORE

Fintech lender provides over $300m in SME funding

by Reporter • 13 Apr 2018

An SME lender has announced that it has provided over $300 million in funding to small business borrowers.

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How mortgage brokers can add a commercial string to their bow

by Reporter • 13 Apr 2018
John Kolyvas, national sales manager – commercial at ING, tells The Adviser why mortgage brokers should look to... READ MORE

Government launches inquiry to improve access to SME loans

by Tas Bindi • 6 Apr 2018
The Australian Small Business and Family Enterprise Ombudsman has commenced a formal inquiry into improving access... READ MORE

Judo’s broker proposition designed around ‘trust and...

by Tas Bindi • 6 Apr 2018
As some banks seek to reduce broker flows, a new SME-focused lender has emphasised that its proposition is... READ MORE

SME lender calls for CCR to apply to businesses

by Reporter • 6 Apr 2018
The CEO of small business lender OnDeck has said that he hopes comprehensive credit reporting could be extended to... READ MORE

ASIC report highlights progress in SME strategy

by Reporter • 6 Apr 2018
The regulator has released a report outlining progress in its efforts to better assist, engage and protect small... READ MORE

OnDeck joins Connective panel

by Reporter • 3 Apr 2018
Small businesses lender OnDeck has joined the aggregator’s panel of lenders, enabling brokers to access its unsecured... READ MORE

ANZ disaccredited brokers for not taking test

by Reporter • 23 Mar 2018
It has been revealed that the major bank ceased business with approximately 500 brokers after they “pushed back” on... READ MORE

Submissions open for Commercial Business Writers 2018

by Reporter • 23 Mar 2018

The ranking of the top commercial brokers in Australia is now open for submissions.

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Westpac relied on car dealers for loan verification

by Reporter • 23 Mar 2018
The major bank has admitted to the royal commission that it did not undertake verification checks for loan applications... READ MORE

Fintech Business Awards 2018 winners revealed

by Reporter • 23 Mar 2018

Several lending innovators have been honoured at the second annual Fintech Business Awards.

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Brokers ‘in the box seat’ for SME opportunities

by Staff Reporter • 16 Mar 2018
The latest Scottish Pacific SME Growth Index shows that SME owners are optimistic about revenue growth, had improved... READ MORE

RBA highlights value of NPP

by Reporter • 16 Mar 2018
The Reserve Bank has emphasised the importance of the NPP as a platform that could drive efficiency and... READ MORE

Major banks to make changes to SME loan contracts

by Reporter • 16 Mar 2018
The big four banks are set to implement small business loan contract reforms, following a regulatory investigation into... READ MORE

ASIC to fully implement cash flow coaching for SMEs

by Reporter • 9 Mar 2018
Following a successful trial, the regulator has announced that it will move ahead with its cash flow coaching... READ MORE

Royal commission releases car finance report

by Staff Reporter • 9 Mar 2018
A fresh report from the royal commission has highlighted that only 16 per cent of car buyers use a broker to secure... READ MORE

Fintechs look to develop Code of Conduct

by Reporter • 9 Mar 2018
The Small Business Ombudsman, FinTech Australia and theBankDoctor.org are suggesting that small business lenders... READ MORE

Accessing finance a breeze for 90% of SMEs, says advisory firm

by Reporter • 9 Mar 2018
SMEs are having very little problem accessing finance to fund growth or cover cash flow concerns, according to a... READ MORE

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

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

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: 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

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

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

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