Small and medium-sized enterprises (SMEs) are the backbone of many economies, yet they often struggle to secure traditional bank loans. As a result, many are turning to non-traditional bank lending options for cashflow finance. This trend is gaining momentum as SMEs seek alternative ways to fund their businesses. In this blog, we’ll explore why SMEs are turning to non-traditional bank …
For many of the 35% of SME’s who relied on JobKeeper for more than 50% of their revenue, the future is feeling somewhat uncertain – to say the least! Thankfully, there is some relief now available with the release of the last phase of the SME Guarantee Scheme. This phase is being called the SME Recovery Loan Scheme and is …
The growth in business lending to small to medium enterprises over the last few years has boomed with so many new entrants into the market. Now with over 80 players in the space it can be a tough gig to work out where you fit amongst it all. There are both secured and unsecured options available with minimum and maximum …