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Prospa posts 1H23 profit despite increased investment

by Fabian Cotter • 27 Feb 2023
Business lender Prospa has confirmed its 35.1 per cent hike in first-half loan originations, plus future...READ MORE

N1H extends SME lending capacity to $115m

by Fabian Cotter • 27 Jan 2023
Growth in alternative lending has driven N1 Holdings Limited (N1H) to boost its lending capital, the company has... READ MORE

TFF records mixed results on increased SME lending

by Fabian Cotter • 14 Dec 2022
A post-pandemic RBA analysis on Term Funding Facility (TFF) helping business lending has not highlighted clear economic... READ MORE

Timelio acquires Bendigo and Adelaide Bank’s invoice finance...

by Annie Kane • 8 Feb 2022
A Melbourne-based fintech has announced an agreement with Bendigo and Adelaide Bank to acquire its invoice finance... READ MORE

Compliance, cash flow top SME stresses: ScotPac

by Malavika Santhebennur • 17 Jan 2022
Concerns around navigating government grants, cash flow, and “skyrocketing” staffing issues are front and centre... READ MORE

Asset finance lucrative but misconceptions remain: LoanQ

by Malavika Santhebennur • 14 Jan 2022
More brokers could diversify their offerings in the near future but they remain apprehensive about revenue potential,... READ MORE

How brokers can help SMEs restock this summer

by Malavika Santhebennur • 13 Jan 2022
An SME lender has outlined how brokers could assist businesses emerging from lockdowns to access finance or replenish... READ MORE

Humm considers pure business lending pivot

by Sarah Simpkins • 10 Jan 2022
The group is considering shedding its consumer arm and only offering business loans, as it continues to target growth... READ MORE

Semper reaps record November settlements

by • 9 Dec 2021
The non-bank lender has documented a year-on-year increase in settlements of over 200 per cent, attributing the growth... READ MORE

RedZed confirms BBL partnership

by • 1 Dec 2021

The SME lender has been named as the next principal partner of the KFC Big Bash League’s Hobart Hurricanes.

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ScotPac names next regional GM

by • 30 Nov 2021
The general manager for Victoria and Tasmania has been confirmed by the non-bank, with a former GE Capital executive... READ MORE

Low confidence hinders diversification into SME finance

by Malavika Santhebennur • 17 Nov 2021
Residential mortgage brokers have the will and desire to diversify into SME lending but lack the time and confidence to... READ MORE

SME Broker Bootcamp a blueprint for branching out

by Reporter • 8 Nov 2021
The event – which is to be held in person in 2022 and is open for registrations – will provide a pathway for... 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

Broker-focused SME Recovery Loan product launches

by • 14 Oct 2021
Brokers, planners and property managers will be able to access a suite of loan products tailored for their professions... READ MORE

CBA begins rollout of SME lending product

by • 12 Oct 2021
The major bank has begun the national release of its digital invoice finance solution allowing small businesses access... READ MORE

Effi partners with SME loan comparison site

by Malavika Santhebennur • 11 Oct 2021
The mortgage broking platform has teamed up with a business loan comparison site to allow the site’s business... READ MORE

BOQ begins offering SME Recovery Loan Scheme

by Malavika Santhebennur • 8 Oct 2021

The non-major bank will partake in the expanded scheme to support those impacted by the COVID-19 crisis.

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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

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

3 in 10 small businesses ponder quitting: Judo

by Malavika Santhebennur • 16 Sep 2021
New research has revealed that many small businesses are thinking of quitting altogether due to the impact of... READ MORE

Prospa prices 1st ABS

by Malavika Santhebennur • 13 Sep 2021

The SME lender has priced its first public ABS of $200 million, which was supported by small-business loans.

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RedZed reaches $5bn in originations

by Reporter • 25 Aug 2021
Specialist lender RedZed Lending Solutions has reached a milestone for the company, originating $5 billion in... 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

NAB tweaks small-business lending offering

by Malavika Santhebennur • 12 Aug 2021
The major bank has updated some of its small-business lending features, including allowing business owners to digitally... 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

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

34% of farmers eyeing raised business investment

by Sarah Simpkins • 16 Jun 2021
Roughly one-third of Australian farmers expect to increase their business investment over the year ahead, according to... READ MORE