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CreditorWatch Blog

SMEs set to lift their online game; women leading the demand for unsecured business loans

SMEs set to lift their online game; women leading the demand for unsecured business loans

It seems SMEs have been slow to get onboard the online boom, with only a little over a quarter of SME revenue coming from e-business, according to new research by Banjo. SMEs are also becoming increasingly frustrated by long waiting times on loan applications, with female SME owners in particular turning away from putting up […]

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Marketplace Lending Fills a Market Gap in Small Business Finance

Marketplace Lending Fills a Market Gap in Small Business Finance

The fundamentals are clear. Small business in Australia needs finance to grow and capture market opportunities. However, there are over 2.1 million small businesses in Australia with a potential $10 billion per annum growth-funding requirement, not being fulfilled by banks. Banks consider many SME borrowers a bankable risk but they generally lend based on real […]

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