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business finance
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
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...
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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...
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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
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
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...
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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...
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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...
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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
by Annie Kane • 15 Jun 2021
The non-bank lender has become the 19th member of the government’s SME Recovery Loan Scheme.
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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...
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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...
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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.
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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...
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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...
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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.
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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...
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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...
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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...
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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...
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Prospa head of partnerships sets up consultancy business
by Annie Kane • 14 May 2021
Alex Brgudac, the head of partnerships at SME lender Prospa, is to step down from his role as he sets up a business...
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What’s in the budget 2021-22?
by Annie Kane • 11 May 2021
The federal budget for 2021-22 has been handed down, outlining a range of steps to support home ownership and help...
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Nodifi adds Resimac subsidiary to panel
by Malavika Santhebennur • 11 May 2021
The asset finance aggregator and fintech has added a subsidiary of the non-bank lender to its lender panel.
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Demand for asset finance spikes: Equifax
by Malavika Santhebennur • 7 May 2021
A rebound in asset finance demand has halted the overall decline in business credit demand, but business loan...
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Major bank rolls out ‘no-interest’ credit card for SMEs
by Annie Kane • 3 May 2021
The major bank has launched a new, “no-interest” credit card for small-business customers that enables them to...
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Steve Sampson becomes CCO of non-bank lender
by Annie Kane • 30 Apr 2021
An SME lender has appointed Bank of Sydney’s former head of third party, Steve Sampson, as its first chief commercial...
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