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Australia

Bizcap joins AFG’s lending panel, expanding SME finance options

Bizcap has officially joined the Australian Finance Group’s (AFG) lending panel, enhancing the range of funding solutions available to brokers and their small-to-medium enterprise (SME) clients. This move aims to address the growing demand for flexible and fast business financing,...

#AFG#Australian Finance Group#BizCap

Spenda sells AU$2m invoice book to Grapple to unlock...

Spenda Limited has signed an agreement to sell its invoice finance loan book (managed by its subsidiary, Spenda Cash Flow…

#Grapple#invoice finance#Spenda


ANZ partners with CitoPlus to transform SME loan applications

ANZ and CitoPlus have announced a strategic partnership – through ANZ's external innovation and investment partner, 1835i – to launch…

#ANZ#CitoPlus#digitisation


Rapital launches to address Australian SME funding gaps

Rapital is set to transform the financial landscape to support both brokers and SME businesses facing difficulty in securing funding…

#Rapital#sme finance


WFY’24: ‘Factoring serves as vital tool for businesses in...

Factoring and invoice finance continued to grow in prominence in Australia’s financial ecosystem in 2023, serving as vital tools for…

#Australian Banking Association#Craig Michie#ScotPac Business Finance


Australian SMEs suffering major losses over late payment

A report released this week has revealed the staggering losses being suffered by Australian SMEs... (more…)

#Atradius#payment terms#smes


Australian SME’s specialist funder welcomes government’s AUD 2bn fund...

Scottish Pacific CEO Peter Langham has welcomed the Federal Government’s move to boost... (more…)

#fintechs#invoice#securitisation


Australian invoice finance set for shake up

Aussie businesses are lagging behind their British counterparts in taking up invoice financing to... (more…)

#bank#capital requirements#financial services


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