business finance

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

by Annie Kane • 23 Jul 2021

The non-bank lender is calling on government to extend its SME Recovery Loan Scheme given the ongoing lockdowns. READ MORE

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. READ MORE

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

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

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

by Annie Kane • 12 Jul 2021

The SME lender has launched a new bridging finance product to help businesses grow “uninterrupted” by delays. READ MORE

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

by Sarah Simpkins • 6 Jul 2021

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

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

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. READ MORE

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. READ MORE

‘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

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

Moula names brand, communications head

by Sarah Simpkins • 16 Jun 2021

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

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 Scheme. READ MORE

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%

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

by Davie Mach • 14 Jun 2021

Specialist SME accountant Davie Mach from Box Advisory Services outlines insider EOFY accounting tips to brokers. READ MORE

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

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

SME platform welcomes new lender to panel

by reporter • 8 Jun 2021

Commercial finance fintech Lend has welcomed an SME lender to its growing panel. READ MORE

Judo Bank announces CEO changes

by Annie Kane • 3 Jun 2021

The SME challenger bank has announced changes to its leadership as it moves from a dual CEO model to having a single... READ MORE

Vic government launches $250.7m business grants package

by Sarah Simpkins • 1 Jun 2021

The state government has rolled out a $250.7 million package to support Victorian businesses hit by the latest snap... READ MORE

Strict policy and turnarounds are top finance barriers, say SMEs

by Annie Kane • 25 May 2021

Strict lender requirements and the time taken to obtain a funding decision are the top two challenges experienced by... READ MORE

Apickle launches interest-free loan for SMEs

by Sarah Simpkins • 25 May 2021

Online lending platform Apickle has rolled out interest-free finance for small businesses, in a challenge to the major... READ MORE