Tractor Ventures launches 24-hour lending approvals, plans equity fund for 2024
Tractor Ventures CEO Matt Allen opens up about its alternative lending platform, new 24 hour approval process and its upcoming equity fund.
John Durie: The banks are chasing SMEs but costs of doing business keep rising
Businesses large and small face a growing shortage of staff, while everything is costing more than it used to.
ScotPac to launch property-secured home and business loans for SMEs
Small and medium business lender ScotPac is launching a suite of new products, including property-secured home and business loans for the self-employed.
A first outside the US: American Express launches unsecured business loans for Aussie SMEs
American Express will leverage its global brand to offer Aussie SMEs unsecured business loans, in a first for the company outside the US.
Big four banks pass on the RBA’s rate cut, slicing interest on business and home loans
All of the big four have passed the RBA’s rate cut on to borrowers, effectively lowering interest rates on some business loans and fixed-term mortgages.
First of the big four: CommBank passes on rate cuts to businesses and homeowners
The first of the big four banks has revealed it will pass on rate cuts and reduce interest on business loans and fixed term mortgages, following the Reserve Bank’s decision to slash the cash rate to a new record low.
Think rising property prices are good news for business loans? Think again
Real estate agents are starting to cheer about the increase in property prices, but business owners looking to banks for loans have little to cheer about.
Inevitable, but destructive: The fallout from the banking royal commission is hurting small business
Kenneth Hayne’s inquiry will help clean up the financial services industry, but there is an economic downside that no-one saw coming.
So you want a loan for your business? Here’s how to give yourself a fighting chance
Getting a business loan can be a time consuming, daunting process, but taking the right steps to prepare can make the process so much smoother.
NAB courts startups with $2 billion loan offering as market moves away from equity
Aussie founders will soon have access to a $2 billion pool of startup loans thanks to big-four bank NAB, as investors move away from equity funding.
A misguided $2 billion: What good is small-business capital if founders don’t know how to use it?
Over 70% of small businesses have no written plan of any kind, so what use is a $2 billion government-funded securitisation fund?
Rejected by the banks: SMEs turn to equity crowdfunding after failing to secure business loans
Finding it impossible to access bank loans, small businesses are beginning to turn to equity crowdfunding to access capital.