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Prospa lending surges despite lockdowns

by Sarah Simpkins • 27 Oct 2021
The ASX-listed lender recorded $128.5 million in originations during the September quarter, falling from the previous...READ MORE

Lend welcomes 4 new lenders to panel

by reporter • 27 Oct 2021

Four non-bank lenders have joined the panel of SME platform Lend.

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GetCapital relaunches under new name

by Annie Kane • 26 Oct 2021
The SME lender has relaunched under a new name as part of a rebranding initiative that aims to better reflect its... READ MORE

‘Perfect storm’ of trouble ahead for SMEs

by Malavika Santhebennur • 25 Oct 2021
An SME lending company has warned that many retail and supplier businesses will be unable to meet pent-up demand... READ MORE

Business credit demand bounces back in NSW

by Malavika Santhebennur • 22 Oct 2021
Data from the initial days of NSW reopening after lockdown has shown a spike in demand across all categories of... READ MORE

Semper hits high in agri transactions

by Reporter • 21 Oct 2021
The business lender has reported a record quarter of agricultural transactions, as drought conditions wind to an end... READ MORE

Zip Business growth squeezed by lockdowns

by Sarah Simpkins • 20 Oct 2021
The business lending division of buy now, pay later provider Zip Co saw a dip in transaction volumes during the... READ MORE

Victoria releases outdoor economy package

by Malavika Santhebennur • 19 Oct 2021

A $54.5 million package has been launched in the state to support businesses setting up for street trading.

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COG makes acquisition moves

by Sarah Simpkins • 18 Oct 2021
COG Financial Services has grabbed larger stakes in Westlawn and Platform Finance, with plans to take full ownership... READ MORE

Broker training company launches focusing on SME finance

by Annie Kane • 15 Oct 2021
Stuart Donaldson, Trent Carter and John Sgambelluri have launched a new coaching and mentoring business, Accendo... READ MORE

2 in 5 SMEs to use savings to invest: Westpac

by Malavika Santhebennur • 12 Oct 2021
Many SMEs said the COVID-19 crisis has allowed them to grow their savings, which they will channel into business... READ MORE

2 in 3 SMEs trying new funding options: ScotPac

by Sarah Simpkins • 11 Oct 2021
National research by the SME lender has shown a rising trend in businesses trialling new types of funding, with asset... READ MORE

N1 Holdings’ lending product added to MoneyQuest panel

by • 8 Oct 2021
The financial services provider’s direct lending product has been added to the lending panel of the mortgage broking... READ MORE

Pepper Commercial joins Aussie lending panel

by • 6 Oct 2021

The non-bank lender’s commercial products will now be open to brokers under the major aggregation group. 

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Victorian SMEs to receive $2.3bn COVID support

by Malavika Santhebennur • 4 Oct 2021
A new $2.3 billion funding package has been announced to support Victorian SMEs over the next six weeks, when the state... READ MORE

NSW to ‘go it alone’ on JobSaver extension

by Malavika Santhebennur • 1 Oct 2021
The NSW government will continue funding the JobSaver program extension once the state hits 80 per cent vaccination... READ MORE

Productivity Commission lauds broker role in SME finance

by Malavika Santhebennur • 30 Sep 2021
A new report has highlighted the importance of brokers in connecting SME borrowers and lenders, while lenders said at... READ MORE

Digital lenders challenging the banks: Prospa

by Sarah Simpkins • 30 Sep 2021
Fintechs have been taking components of the banking system and repackaging them into stronger offerings than previously... READ MORE

SME lending likely to be regulated, suggest lenders

by • 29 Sep 2021
The chief executive of Pepper Money and a relationships MD at Judo Bank expect the SME lending space to soon be... READ MORE

Lend introduces asset finance quoting tool

by • 29 Sep 2021
The SME platform has introduced a new asset finance quoting tool that intends to help brokers assess asset finance... READ MORE

ATO to act on SME tax debt, brokers warned

by Malavika Santhebennur • 29 Sep 2021
SMEs and their brokers have been urged to be vigilant as the ATO begins acting on powers to disclose SME tax debt to... READ MORE

Qld tourism injected with $70m grants

by Malavika Santhebennur • 29 Sep 2021
Tourism and hospitality businesses in Queensland that are facing significant hardship due to the COVID-19 crisis will... READ MORE

CBA streamlines serviceability for self-employed borrowers

by Annie Kane • 27 Sep 2021
The major bank has “simplified” its serviceability and assessment process for some self-employed borrowers,... READ MORE

Major bank CEOs flag SME ‘pressure’

by Annie Kane • 24 Sep 2021
The heads of CBA and ANZ have acknowledged to MPs the growing pressures facing SMEs, but noted that only a small... READ MORE

CAFBA announces board changes

by Annie Kane • 24 Sep 2021
The broker association has announced board changes following the resignation of Renee Tocco, as she pursues a new... READ MORE

Asset finance neo-lender launches to broker channel

by Annie Kane • 23 Sep 2021
A new fintech backed by Resimac has launched, aiming to overcome broker pain points when writing asset and equipment... READ MORE

ASX-listed lender joins FAST panel

by • 23 Sep 2021

A personal lender has become the latest addition to the aggregator’s lender panel.

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Prospa acquires brokerage

by Annie Kane • 21 Sep 2021
The SME lender has acquired a commercial finance brokerage and welcomed its director to the team as northern regional... READ MORE

Assistant Minister for Women shares tips for women in finance

by Annie Kane • 17 Sep 2021
Senator Amanda Stoker, the Assistant Minister for Women, has shared her top tips for increasing the profile of women in... READ MORE

Business lender receives $87.5m ABSF investment

by • 17 Sep 2021
GetCapital is set to receive $87.5 million worth of mezzanine funding from the government’s Australian Business... READ MORE