5 key metrics private lenders are focused on during the COVID-19 pandemic
Private lenders want to partner with experienced developers who have cut their teeth on past projects and learnt from their mistakes and experience.
MOGOPLUS launches Hardship Management Solution to the Australian lending market
MOGOPLUS today launched their “Hardship Management Solution,” a new set of data analytics designed specifically for lenders to manage hardship journeys.
The newest fintech on the block getting Australian’s better car loans
CarClarity is a new fintech business that’s revolutionising the way Australian’s search for car loans.
Neobank 86 400 warns RBA scheme driving big four’s cheap fixed rates
Major banks have led a sharp drop in fixed rates, which mortgage brokers last week said had contributed to the big four gaining market share.
Lenders urged to discard ‘high-risk’ processing methods
The current crisis should be used as an opportunity for lenders to overhaul their processing platforms and embrace new technology, according to NextGen.Net.
Access to credit critical to small business survival: Ombudsman
The Australian Small Business and Family Enterprise Ombudsman welcomes the decision to provide some non-bank lenders with access to the SME Guarantee Scheme
Wisr surpasses $200 million in loan originations
Neo-lender Wisr has surpassed $200 million in loan originations. The milestone was reached with all Wisr employees working from home since mid-March 2020.
Prospa receives access to Federal Government’s SME Guarantee Scheme to support thousands of small businesses
The Federal SME Scheme is designed to support smaller businesses who are considered by the lender as being viable in the longer-term.
