Posts tagged "small business loans"

Despite allegations of fraud, strong-arming and abuses of power, Australia's big four banks say SME lending framework is broadly appropriate.

The code covering SME lending requires a major overhaul to protect businesses from the power of the big banks, Australia's small business watchdog says.

"Cabinet-level" discussions are taking place about a solution to improve small business funding as momentum builds for commercial solutions.

The royal commission's interim report hasn't paid adequate attention to the experiences of small business owners, advocates say.

Financing is becoming more difficult for business owners in the midst of fallout from the banking royal commission, with some seeking alternative paths to credit.

One in four business owners are looking at taking out a loan in the next 12 months, according to a recent SmartCompany survey. Whether the l…

Fast-growing small business lender Prospa has agreed to alter its standard loan terms for small businesses, following an ASIC review.

Small business lending startup Prospa has reportedly postponed its IPO on the ASX indefinitely, after it announced a 48-hour delay 30 minutes before it was due to list on Wednesday.

Business loan marketplace Lending Express launched in Australia in 2016, and since then it’s facilitated $50 million in small business loans. But it was only last month that founder Eden Amirav first set foot on Australian soil.

Mum-and-dad operators may struggle to sell their businesses in the future unless Australia tackles access to finance for SMEs, says the small business ombudsman.

Australian fintech lenders have committed to creating an industry code of conduct and introducing easy to understand contract summaries, aft…

The Australian Bankers Association says it has agreed to make life easier when it comes to credit card interest, but one finance expert warn…