SME
Prospa hires new GM to manage NZ business
by • 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 • 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 • 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 Charbel Kadib • 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 • 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 • 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 • 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 • 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 • 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 • 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 • 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 • 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 • 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 • 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 • 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 • 30 Nov 2018
Small and medium-sized businesses are continuing to struggle to access finance, with new data released by marketing... 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
SME loan demand surges ahead of Christmas
by • 30 Nov 2018
SME loan applications were nearly 2.5 times above the monthly average in November, with demand highest among... 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 • 27 Nov 2018
Asset finance services partner Platform Consolidated Group has rebranded to Platform Finance following the appointment... READ MORE
Top tips for finding SME clients: SME Broker Bootcamp
by • 23 Nov 2018
Several leading brokers working in the SME and business finance space have revealed their top tips for brokers looking... READ MORE
New asset finance app launches
by • 23 Nov 2018
Verimoto, launched by technology company Lakeba, has been created in a bid to make the loan application process more... READ MORE
New SME lender raises $31.5m
by • 19 Nov 2018
A three-month-old fintech has announced raising $31.5 million as it looks to serve a market that has long struggled to... READ MORE
Government peels more red tape to save SMEs $300m
by • 16 Nov 2018
SMEs are expected to save more than $300 million over the next four years under government plans to raise financial... READ MORE
Diversification the ‘only way’ to secure clients, says elite...
by • 16 Nov 2018
Offering more than mortgages is of increasing importance for brokers, and is “the only way you can really secure [a]... READ MORE
New small business ombudsman to settle disputes
by • 15 Nov 2018
The new Australian Financial Complaints Authority is to appoint a small business ombudsman dedicated to settling SME... READ MORE
No new protections needed for SME borrowers: Major banks
by • 12 Nov 2018
The major banks have told the royal commission that the current protections in place for SMEs are adequate, contrary to... READ MORE
Business loan growth could outpace mortgage decline
by • 9 Nov 2018
The grass is expected to be greener on the business side of lending, as residential lending continues to dry up due to... READ MORE
SMEs to increasingly lean on smaller lenders
by • 8 Nov 2018
Small businesses will be increasingly turning to smaller or specialist lenders in the aftermath of the Hayne royal... READ MORE
SMEs are leading in mental health and wellbeing programs
by • 7 Nov 2018
Small businesses are leading the way when it comes to having “optimal” mental health and wellbeing support, new... READ MORE