business finance

SME lender joins Lend partner panel

by • 27 Aug 2021

Business and payments provider Zip Business has been added to the partner panel of the SME platform. READ MORE

SMEs need early super, says senator

by Sarah Simpkins • 26 Aug 2021

A senator has argued for reopening the superannuation vault for early withdrawals, to help small businesses suffering... READ MORE

Government opens up criteria for SME Recovery Loan Scheme

by Annie Kane • 25 Aug 2021

The eligibility for the SME Recovery Loan Scheme has been expanded again to help assist SMEs dealing with the impacts... READ MORE

Prospa sees record Q4 after being ‘tested’ by COVID

by Sarah Simpkins • 24 Aug 2021

Brokers contributed to an 8 per cent rise in Prospa originations in the financial year 2021, and a record fourth... READ MORE

Asset finance loans up 20% YOY: CBA

by Malavika Santhebennur • 24 Aug 2021

The major bank has reported that new business lending in asset finance grew in the financial year 2021 by the largest... READ MORE

Targeted COVID support released for NT SMEs

by Malavika Santhebennur • 23 Aug 2021

A new package worth over $12 million has been announced for tourism and hospitality businesses in the NT impacted by... READ MORE

Melbourne SME COVID support extended

by Malavika Santhebennur • 20 Aug 2021

As Melbourne faces another two weeks in lockdown, a new round of support has been announced for SMEs. READ MORE

Territories launch new and extended COVID relief

by Malavika Santhebennur • 18 Aug 2021

The Northern Territory has released funding for SMEs impacted by lockdowns, while the ACT has extended its program in... READ MORE

Elders partners with asset finance platform

by reporter • 18 Aug 2021

The agribusiness specialist has partnered with fintech platform Nodifi to enable more brokers to offer asset finance... READ MORE

SME lender unveils rebrand

by Annie Kane • 16 Aug 2021

Business lender and payments provider Zip Business has rebranded as it unifies its branding across international... READ MORE

COVID SME grants extended to multiple states

by Malavika Santhebennur • 16 Aug 2021

SMEs across Melbourne, Queensland, Tasmania, and the ACT impacted by COVID-19 will receive support, while targeted... READ MORE

Westpac cuts business fixed rate

by Annie Kane • 12 Aug 2021

The major bank has reduced rates on its two- and three-year fixed rate business loans to help SMEs “get back on their... READ MORE

$40m COVID support released for SA SMEs

by Malavika Santhebennur • 11 Aug 2021

The SA and federal governments have released a new business support grant for SMEs impacted by the state’s ongoing... READ MORE

Commercial loan settlements record upswing: FAST

by Malavika Santhebennur • 11 Aug 2021

Commercial, business and asset finance lending surged in the June quarter, amid renewed business confidence, new... READ MORE

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

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

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

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

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

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

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