Small Business Loans stories
Payment Assist unveils new lending division for UK auto sector
This month
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fintech
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bnpl
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smb
Payment Assist has launched a lending division offering loans and finance solutions to UK garages and dealerships, aiming to support growth and cashflow.
AI adoption among Australian SMEs to surge by 2026, survey finds
Fri, 14th Jun 2024
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fintech
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financial systems
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ai
A survey by Small Business Loans Australia reveals 25% of SMEs are using AI, with 60% planning adoption by 2026. NSW leads, while medium-sized businesses show the highest uptake.
1 in 3 SMEs say they wont survive 6 months into a recession
Wed, 20th Jul 2022
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economics
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small business loans
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recession
34% of Aussie SMEs would not survive more than 6 months of economic downturn, with 14% unable to survive a recession at all.
Demand for business financing grows as businesses restock
Fri, 11th Mar 2022
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supply chain
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government
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financing
Australian small businesses, much like businesses everywhere else in the world, have been struggling since the beginning of the pandemic.
Prospa launches $45m facility to fund small business loans
Tue, 13th Aug 2019
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smb
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prospa
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small business loans
Prospa has launched a new warehouse facility that will be able to fund loans for New Zealand’s small businesses.
SMBs – Do you know your financial support options?
Wed, 2nd May 2018
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fintech
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financial systems
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xero
Banks, small business lenders, payment providers and other fintech partners are constantly working on ways to support small businesses.
Reckon and Prospa hit $10 Million loan milestone for Aussie SMBs
Thu, 1st Mar 2018
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fintech
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partner programmes
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financial systems
The online lending market in Aus is has grown at unprecedented speeds, demonstrating the demand for quick and fuss-free access to business capital.
Aussie small business lending platform secures AU$5million in Series-A funding
Wed, 16th Aug 2017
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capital raising
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small business loans
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truepillars
TruePillars’ allows multiple investors to fund small business loans of their choice with a minimum commitment of just AU$50 per loan.