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Spenda Limited has signed an agreement to sell its invoice finance loan book (managed by its subsidiary, Spenda Cash Flow Pty Ltd) to Grapple Invoice Finance Fund Pty Ltd for a total of AU$2m. This move is part of Spenda’s...
#Grapple#invoice finance#Spenda
ANZ and CitoPlus have announced a strategic partnership – through ANZ's external innovation and investment partner, 1835i – to launch…
#ANZ#CitoPlus#digitisation
Rapital is set to transform the financial landscape to support both brokers and SME businesses facing difficulty in securing funding…
#Rapital#sme finance
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
A report released this week has revealed the staggering losses being suffered by Australian SMEs... (more…)
#Atradius#payment terms#smes
Scottish Pacific CEO Peter Langham has welcomed the Federal Government’s move to boost... (more…)
#fintechs#invoice#securitisation
Aussie businesses are lagging behind their British counterparts in taking up invoice financing to... (more…)
#bank#capital requirements#financial services