non-banks

Non-major found to have used unfair contract terms

by Annie Kane • 13 Aug 2021

The Federal Court has found that a non-major lender used unfair terms in standard form SME loan contracts. READ MORE

Finsure launches client portal, adds to panel

by Malavika Santhebennur • 12 Aug 2021

The aggregator has set up a client centre that links client data to the broker’s account in its CRM, and added a... 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

Lend extends asset classes with panel additions

by Malavika Santhebennur • 10 Aug 2021

The SME finance platform has added new lenders to its panel to provide more choice of asset classes for brokers. READ MORE

Oak Capital to give away $5k to SME

by reporter • 10 Aug 2021

The non-bank lender is calling on brokers to nominate SMEs that have been hard-hit by COVID-19 to go in the running to... READ MORE

Non-bank lender CEO to step down

by Annie Kane • 9 Aug 2021

The CEO of HomeStart has announced that he will step down from the role at the end of this year, following 12 years... READ MORE

Plenti prices inaugural ABS transaction

by Malavika Santhebennur • 9 Aug 2021

The fintech lender has priced its first asset-backed securities transaction for over $300 million. READ MORE

Brokerage officially launches white label loan

by Annie Kane • 3 Aug 2021

North Sydney-based brokerage Shore Financial has officially launched its white label mortgage, Shore Private, powered... READ MORE

MKM launches digital loan application tools

by Sarah Simpkins • 3 Aug 2021

Non-bank lender MKM has teamed with technology provider NextGen.Net to revamp its electronic lodgement and loan... 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

Suncorp launches new broker portal

by Annie Kane • 29 Jul 2021

The non-major bank has released a new broker platform as it continues to prioritise home lending and its broker... READ MORE

SME lender expands Vic BDM team

by Annie Kane • 29 Jul 2021

SME lender Prime Capital has made another new appointment to its broker support team, hiring a new BDM for Victoria. READ MORE

Prospa boosted by business sentiment rise

by Sarah Simpkins • 26 Jul 2021

Prospa managed a personal best of $182.7 million in loan originations during the June quarter, with the business lender... 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

Pepper expands commercial BDM team

by Annie Kane • 22 Jul 2021

The non-bank lender has welcomed two new business development managers to its Victorian team and established... READ MORE

Broking sector unpacks macro policy impact on property

by Malavika Santhebennur • 20 Jul 2021

Low borrowing costs and assessment rates in the home loan market could pose risks to borrowers when asset prices return... READ MORE

Former broker, Westpac BDM join Resimac

by Sarah Simpkins • 19 Jul 2021

Non-bank lender Resimac has recruited a former broker and Westpac business development manager. READ MORE

Choice adds Judo to lending panel

by Sarah Simpkins • 15 Jul 2021

Judo Bank has joined the lender panel of Choice Aggregation Services, with the move reportedly expanding its reach to... READ MORE

Techlend launches BNPL bridging home loans

TechLend launches new 'BNPL' bridging loans

by Sarah Simpkins • 14 Jul 2021

A broker and an ex-lender strategy head have teamed up to launch a digital non-bank, rolling out an interest-free... READ MORE

Plenti upsizes automotive facility to $450m

by Malavika Santhebennur • 14 Jul 2021

The fintech lender has increased the capacity of its automotive loan warehouse facility by $100 million amid loan... 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

BMM tweaks SMSF rates, LVR and limits

by reporter • 12 Jul 2021

Better Mortgage Management has increased limits and loan-to-value ratios, and dropped rates, on some of its SMSF loan... READ MORE

Prime Capital expands BDM team

by Annie Kane • 9 Jul 2021

Three new business development managers have joined non-bank lender Prime Capital as it bolsters its broker support... READ MORE

Assetline opens Melbourne office, hires state head

by Annie Kane • 8 Jul 2021

The short-term secured asset lender has opened a new office in South Yarra and hired a new director to continue the... READ MORE

Loan fraud is greatest AML/CTF risk to non-banks: AUSTRAC

by Annie Kane • 7 Jul 2021

Loan application and identity fraud are the main threats to non-banks, the government agency has concluded, noting the... READ MORE

LoanU appoints BDM for broker relationships

by Sarah Simpkins • 7 Jul 2021

Specialist lender LoanU has named a new business development manager responsible for acquiring and maintaining broker... 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