Finance

Small businesses are being starved of funds: here’s how to make their loans cheaper

- August 12, 2020 3 MIN READ

The government has widely touted its support for small businesses – most notably the provision of loans subsidised by the Reserve Bank. In its economic update on Friday the Reserve Bank talked up its low-cost Term Funding Facility. Take-up was “increasing steadily”. The scheme gives banks ultra low-interest money (0.25% per year for three years)… Read more »

Features

The benefits of small business loans from online lenders

- June 21, 2019 2 MIN READ

As the end of financial year approaches, many small business owners are considering taking advantage of the government’s $30k instant asset write-off. For many SMBs this requires access to finance. However, the Reserve Bank of Australia recently reported one in five small businesses struggle to gain finance from a traditional lender, indicating it’s time business… Read more »