non-banks

Oak Capital confirms AFG panel inclusion

by • 16 Nov 2021

The non-banker lender has unveiled that it’s AFG’s latest commercial lending panel partner.

SMEs increasingly turning to trusted advisers

by • 16 Nov 2021

While nine in 10 SMEs now have a trusted adviser only 3.3 per cent stated a broker was their main business adviser,... READ MORE

Plenti launches electric vehicle products

by Annie Kane • 12 Nov 2021

Electric vehicle loans have been launched to Plenti’s broker partners ahead of an anticipated rush of consumer... READ MORE

1 in 3 SMEs require $46k

by • 12 Nov 2021

Roughly 37 per cent of small and medium-sized enterprises are requiring an average of $46,000 to ride Australia’s... READ MORE

Pepper scores NBL partnership renewal

by • 10 Nov 2021

The non-bank lender has celebrated its latest partnership deal with the Illawarra Hawks by releasing new community... READ MORE

Creating solutions for the self-employed

by Annie Kane • 8 Nov 2021

With the coronavirus pandemic causing an uplift in Australians looking to move to the regions and start that business... READ MORE

Volt Bank becomes latest CDR data recipient

by Annie Kane • 3 Nov 2021

The neobank has become an accredited data recipient under the Consumer Data Right, the sixth bank to gain approval... READ MORE

N1H extends SME lending capacity again

by Annie Kane • 3 Nov 2021

Business, financial and property services firm N1 Holdings has expanded its SME lending capacity to $90... READ MORE

ASIC slaps Ferratum Australia with lawsuit

by Sarah Simpkins • 1 Nov 2021

The regulator has commenced a civil lawsuit against the personal lender, for allegedly hitting customers with... READ MORE

Wisr reports 113% loan book growth

by • 28 Oct 2021

The non-bank lender originated a record $132 million over the last quarter, the 21st consecutive quarter of... READ MORE

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

Wisr non-executive to retire from board

by • 27 Oct 2021

A non-executive director with the lender has confirmed that they will not be seeking re-election, stepping down from... READ MORE

Lend welcomes 4 new lenders to panel

by Annie Kane • 27 Oct 2021

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

Non-bank completes acquisition of personal lender

by • 26 Oct 2021

An ASX-listed company has confirmed that it has acquired a personal lender for $100 million in cash plus... READ MORE

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

Gateway Bank announces home loan interest cuts

by • 26 Oct 2021

The mutual lender has lowered the variable interest rates on four of its home loan products, including two green loan... READ MORE

RedZed added to aggregator panel

by Malavika Santhebennur • 26 Oct 2021

The self-employed lender has joined AFG’s lender panel, which has followed its expansion into five aggregators’... READ MORE

Wisr hits high for new loans

by Sarah Simpkins • 25 Oct 2021

The ASX-listed personal lender wrote $132 million in new loans during the September quarter, more than double... READ MORE

Oak Capital announces final Pay It Forward recipient

by • 25 Oct 2021

The initiative designed to support a handful of SMEs has now ended with the non-bank lender announcing the fourth and... READ MORE

Prospa squares up against banks, expands SME loan

by Sarah Simpkins • 22 Oct 2021

The ASX-listed lender has flagged a new “all-in-one” business account to launch next year alongside two loan... READ MORE

SocietyOne doubles funding, launches secured loan to public

by Malavika Santhebennur • 18 Oct 2021

The personal lender has announced a $200 million warehouse facility, while flagging its intentions to proceed with an... READ MORE

Latitude Financial appoints new CFO

by Malavika Santhebennur • 18 Oct 2021

The listed lender has installed a new CFO, effective in 2022 following the current CFO’s decision to retire.

Non-bank founder-CEO resigns

by Annie Kane • 15 Oct 2021

The chief executive of a non-bank personal lender has resigned from the company he founded following nearly eight... READ MORE

Brokers power Plenti’s 140% originations growth

by Sarah Simpkins • 13 Oct 2021

The majority of loans Plenti wrote in the September quarter came through brokers, which saw the group’s book more... 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

Connective Home Loans makes BDM appointments

by Malavika Santhebennur • 6 Oct 2021

Connective’s home loan division has announced promotions and appointments in its national BDM team.

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.

MoneyMe secures $50m funding commitment

by Sarah Simpkins • 4 Oct 2021

The ASX-listed lender has signed a $50 million four-year-long funding agreement, with plans to grow its product... 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