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New grants and support for Victorian SMEs

New grants and support for Victorian SMEs
by Annie Kane • 6 Aug 2021
Victorian SMEs impacted by the state’s sixth lockdown will be supported by a new $400 million package jointly funded...READ MORE
Connective launches trail book marketplace

Connective launches trail book marketplace
by Annie Kane • 2 Aug 2021
The aggregation group has announced a new arrangement with a specialist trail book firm to facilitate the purchase and... READ MORE
SME lender welcomes COO

SME lender welcomes COO
by reporter • 2 Aug 2021
Invoice and equipment finance lender Earlypay has appointed a new chief operating officer and executive director of its... READ MORE
SME fintech closes $25m raise to fund expansion

SME fintech closes $25m raise to fund expansion
by Annie Kane • 30 Jul 2021
An SME lender has raised $25 million in equity to fund the ‘rapid expansion’ of its Australian and European... READ MORE
FBAA calls for finance broker register

FBAA calls for finance broker register
by Malavika Santhebennur • 29 Jul 2021
The FBAA has been urging ASIC to create a register for brokers who do not fall under the NCCP, given a lack of... READ MORE
Governments extend COVID support to NSW, Vic

Governments extend COVID support to NSW, Vic
by Sarah Simpkins • 29 Jul 2021
The state and federal governments have offered support packages to businesses across NSW and Victoria, as Sydney has... READ MORE
Sydney mayor launches business support, calls for JobKeeper

Sydney mayor launches business support, calls for JobKeeper
by Sarah Simpkins • 28 Jul 2021
Sydney’s mayor has urged the federal government to resurrect JobKeeper, as the city has launched a new relief package... READ MORE

Lockdowns threaten business loan demand: Equifax
by Malavika Santhebennur • 27 Jul 2021
Construction and retail trade have fuelled business loan growth in the June quarter but the recovery of these... READ MORE
Fintech calls for SME Recovery Loan Scheme extension

Fintech calls for SME Recovery Loan Scheme extension
by Annie Kane • 23 Jul 2021
The non-bank lender is calling on government to extend its SME Recovery Loan Scheme given the ongoing... READ MORE
Frances Rikard-Bell

Banjo expands NSW BDM team
by Annie Kane • 23 Jul 2021

The SME lender has welcomed a former CBA analyst to its NSW broker team as a business development manager.

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Unmet demand for SME credit tipped at $120bn

Unmet demand for SME credit tipped at $120bn
by Sarah Simpkins • 22 Jul 2021
Judo Bank’s chief has told a parliamentary committee that the banking sector is in desperate need of a boost in... READ MORE
APRA urged to consider business loans in banking review

APRA urged to consider business loans in banking review
by Sarah Simpkins • 16 Jul 2021
The small business ombudsman has argued that APRA needs to better support new entrants to the banking industry, in... READ MORE
NSW releases COVID-19 support for SMEs and individuals

NSW releases COVID-19 support for SMEs and individuals
by Malavika Santhebennur • 13 Jul 2021
The NSW and federal governments have launched expanded support for businesses and workers affected by extended... READ MORE
Banjo launches bridging finance offering

Banjo launches bridging finance offering
by Annie Kane • 12 Jul 2021
The SME lender has launched a new bridging finance product to help businesses grow “uninterrupted” by... READ MORE
OnDeck reports spike in broker-originated loans

OnDeck reports spike in broker-originated loans
by Malavika Santhebennur • 12 Jul 2021
The SME lender has seen a 175 per cent rise in the number of broker-originated loans in the first half of 2021,... READ MORE
Butn to go public

Butn to go public
by Sarah Simpkins • 6 Jul 2021

Small business finance platform Butn is set to list on the ASX, in a $20 million IPO.

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NSW offers SMEs COVID-19 cash grants

NSW offers SMEs COVID-19 cash grants
by Annie Kane • 29 Jun 2021
The NSW government has launched a new grants package to support small businesses in NSW impacted by the current... READ MORE
CBA launches SME invoice cash flow product

CBA launches SME invoice finance product
by Malavika Santhebennur • 25 Jun 2021
The major bank is rolling out a digital invoice finance solution to enable small businesses to use their outstanding... READ MORE
Earlypay raises capital to fund new product

Earlypay raises capital to fund new product
by Malavika Santhebennur • 25 Jun 2021

The finance provider has announced an $18.9-million capital raise to fund a new trade finance product for SMEs.

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Lend adds FleetPartners to platform

Lend adds FleetPartners to platform
by Sarah Simpkins • 23 Jun 2021

Lend has integrated vehicle fleet leasing and fleet management provider FleetPartners into its platform.

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‘Perfect storm’ propels asset finance demand: Connective

‘Perfect storm’ propels asset finance demand: Connective
by Malavika Santhebennur • 23 Jun 2021
A range of factors has driven an increase in demand for asset finance, and the current EOFY period is the “perfect... READ MORE
MYOB, Valiant to launch data-informed business lending

MYOB, Valiant to launch data-informed business lending
by Sarah Simpkins • 23 Jun 2021
MYOB has partnered with Sydney-based lending platform Valiant to launch predictive finance offerings to SMEs based on... READ MORE
Choice to offer commercial white label product

Choice announces commercial white label service
by Malavika Santhebennur • 22 Jun 2021
The aggregator has partnered with a finance brokerage to add a commercial referral offering to its white label... READ MORE
Eaon Pritchard

Moula names brand, communications head
by Sarah Simpkins • 16 Jun 2021

Moula has hired an advertising veteran to lead its branding and communications.

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TrailBlazer joins SME Recovery Loan Scheme panel

TrailBlazer joins SME Recovery Loan Scheme panel
by Annie Kane • 15 Jun 2021
The non-bank lender has become the 19th member of the government’s SME Recovery Loan... READ MORE
OnDeck launches ‘lightning’ SME loans

OnDeck launches ‘lightning’ SME loans
by Sarah Simpkins • 14 Jun 2021
Fintech lender OnDeck Australia has rolled out a new finance offering for SMEs, promising up to $100,000 in as little... READ MORE
Business credit defaults up by 9%

Business credit defaults up by 9%
by Sarah Simpkins • 14 Jun 2021
CreditorWatch has suggested that Australia’s economic recovery has lost some momentum, as it has tracked a 9 per cent... READ MORE
Top 10 EOFY tips

Top 10 EOFY tips
by Davie Mach • 14 Jun 2021
Specialist SME accountant Davie Mach from Box Advisory Services outlines insider EOFY accounting tips to... READ MORE
Demand for excavators

Demand for excavators up 191% YOY: CBA
by Malavika Santhebennur • 11 Jun 2021
The major bank’s data has revealed a jump in asset finance growth across multiple sectors, including construction and... READ MORE
Vic government adds $8.4m to support for businesses

Vic government adds $8.4m to support for businesses
by Sarah Simpkins • 10 Jun 2021
The Victorian government has committed to injecting a further $8.4 million in grants for greater Melbourne businesses... READ MORE
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