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New SME lender raises $31.5m

A three-month-old fintech has announced raising $31.5 million as it looks to serve a market that has long struggled to access finance....
December 03, 2021

SMEs are expected to save more than $300 million over the next four years under government plans to raise financial reporting thresholds.

November 16, 2018
Offering more than mortgages is of increasing importance for brokers, and is “the only way you can really secure [a] client to you”, one of Australia’s leading brokers has...
November 15, 2018

The new Australian Financial Complaints Authority is to appoint a small business ombudsman dedicated to settling SME financial disputes.

November 14, 2018
The major banks have told the royal commission that the current protections in place for SMEs are adequate, contrary to the concerns raised by the Small Business Ombudsman. ...
November 11, 2018

The grass is expected to be greener on the business side of lending, as residential lending continues to dry up due to external pressures.

November 09, 2018

Small businesses will be increasingly turning to smaller or specialist lenders in the aftermath of the Hayne royal commission, a recent study has found.

November 07, 2018

Small businesses are leading the way when it comes to having “optimal” mental health and wellbeing support, new research has found.

November 06, 2018

Debtor financier Waddle has become the latest lender to join Connective’s asset finance panel.

November 05, 2018
One of the founding board members and vice president of the Commercial & Asset Finance Brokers Association of Australia has resigned, while a new board member has been appoi...
November 01, 2018

The federal government pledged to establish a $5 billion fund for drought relief and mitigation programs, with $3.9 billion being redirected from a different fund.

November 01, 2018

The major bank announced that it would not be pursuing an initial public offering (IPO) of its asset finance subsidiary.

November 01, 2018

The Small Business Ombudsman has called for a “major overhaul” of the banking code to better protect small businesses in its submission to the Hayne royal commission.

November 01, 2018

The corporate regulator’s ban on flex commissions in the car finance industry has officially commenced.

October 31, 2018

A technology and telecommunications industry veteran has been appointed to the board of a small business lender.

October 26, 2018
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