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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

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 Reporter • 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 Annie Kane • 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 Annie Kane • 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 Annie Kane • 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 Reporter • 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 Tas Bindi • 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 Reporter • 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 Annie Kane • 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 Tas Bindi • 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 Tas Bindi • 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 Tas Bindi • 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 Annie Kane • 7 Nov 2018
Small businesses are leading the way when it comes to having “optimal” mental health and wellbeing support, new... READ MORE

Major aggregator adds debtor financier to panel

by Reporter • 6 Nov 2018

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

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CAFBA bids farewell to VP, welcomes new board member

by Annie Kane • 2 Nov 2018
One of the founding board members and vice president of the Commercial & Asset Finance Brokers Association of... READ MORE

ANZ cancels IPO plans for asset finance business

by Reporter • 2 Nov 2018
The major bank announced that it would not be pursuing an initial public offering (IPO) of its asset finance... READ MORE

Government to redirect $3.9bn to drought relief programs

by Tas Bindi • 2 Nov 2018
The federal government pledged to establish a $5 billion fund for drought relief and mitigation programs, with $3.9... READ MORE

Banking code ‘unfair’ to small businesses, Ombudsman tells RC

by Tas Bindi • 2 Nov 2018
The Small Business Ombudsman has called for a “major overhaul” of the banking code to better protect small... READ MORE

ASIC ban on flex commissions takes effect

by Reporter • 1 Nov 2018

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

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Bill to boost oversight of contract terms approved

by Reporter • 26 Oct 2018
The federal parliament has passed legislation designed to provide ASIC and the ACCC with new investigative powers to... READ MORE

SME lender announces new board appointment

by Reporter • 26 Oct 2018
A technology and telecommunications industry veteran has been appointed to the board of a small business... READ MORE

P2P lender extends loan terms for broker clients

by Reporter • 26 Oct 2018
A peer-to-peer lender has announced the launch of two new product features for car loans originated through the broker... READ MORE

Cabinet mulling policy to improve SME access to finance

by Tas Bindi • 26 Oct 2018
The federal government is considering policy that could improve SME access to finance, the Small Business Minister has... READ MORE
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