Valiant Finance has revealed that since its inception in 2015, it has facilitated $2.5 billion in business loans. This equates to over 20,000 SMEs across the country.
The lender has accumulated over 80 lending partners from majors like NAB, Westpac, and ANZ, as well as non-banks like Pepper Money, Prospa, and Judo Bank.
“Reaching $2.5 billion in loans written is more than just a number – it represents tens of thousands of Australian businesses who have found funding solutions when they needed it most,” said Alex Molloy, co-founder of Valiant Finance.
“As traditional lenders become more restrictive in their lending criteria, we’re seeing huge demand from SMEs looking for alternative options to fuel their growth and manage their operations. We aim to ensure businesses can access the right financing, whether it’s equipment finance, working capital, or commercial property acquisitions.”
Providing funding for businesses amid a tightening of credit policies has become a key differentiator for Valiant.
“Every industry has unique funding needs and cycles and we have developed deep expertise across hospitality, construction, professional services, logistics, and retail, allowing us to connect businesses with lenders who understand their sector-specific challenges and opportunities,” said Molloy.
The average loan size for the lender is $60,000. The appetite for loans is only increasing, said Valiant co-founder Ritchie Cotton.
“There’s no doubt been a shift in demand from business owners for more flexible financing options than traditional banks can offer,” Cotton said.
Molloy said: “Demand for loans despite economic headwinds hasn’t subsided. What has changed is the number of settlements which has driven huge demand for our offer as we help businesses understand and improve their ‘financeability’. It took us 70 months to get to $1 billion in loans settled and just 28 months to get from $1.5 billion– $2.5 billion.
“We look forward to continuing to support Australian businesses through each phase of their journey.”