SME

Closing branches in regional areas will have a ‘disruptive’ impact on SMEs and cause a ‘ripple effect’ on communities, the small business ombudsman has warned.

Gone are the days of bad actors primarily targeting the big fish – instead, they have changed their tactics to go after vulnerable SMEs that may lack the security to repel their attacks.

Small businesses would be “unjustifiably disadvantaged” if limited recourse borrowing arrangements were to be abolished, the CEO of a commercial property lender has warned.

The complaints authority has created seven new positions, including a senior ombudsman for credit, as part of a move to bring in more specialised expertise.

Small businesses looking towards non-banks for funding have spiked over the last decade, a report has shown.

New data has suggested that Australian businesses are ceasing their growth plans and turning away from securing new financing.

An emerging report has found further evidence that the Australian SME economy is comprised of many diverse regional markets.

Scams cause the losses of billions of dollars for Aussie consumers. Now, Banjo is urging SMEs to remain vigilant and watch out for potential fraud.

Mortgage lender Better Choice has launched an enhanced range of commercial loan products in an effort to boost lending to the SME sector.

Digital bank BNK has reported first quarter 2023 growth across key metrics, with its total portfolio now around $2.8 billion.

Among ATO debts, cash flow issues, and higher materials and labour costs, brokers have shed light on the challenges facing small businesses and what they can do to help.

A survey has revealed that economic pressures have contributed to a deterioration in mental health among the country’s small-business owners.

A non-bank lender has revealed “three critical steps” small businesses can take to manage their ATO debts.

As SMEs continue to feel the pressure from economic challenges, one non-bank lender has outlined what small-business owners can do to mitigate stress.

An increased number of SMEs have fallen into insolvency as growing land taxes have forced landlords to increase rent.

ING Australia has announced changes to its loan-to-value ratio (LVR) policy, benefiting small businesses.

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

A specialist selective invoice financer has announced a rebranding along with the addition of a “full-service offering” for Aussie SMEs.

The diversified finance company has announced its 82nd term securitisation.

The non-bank lender is offering a combined working capital and business loan product for small- to medium-sized enterprises.