Commercial finance fintech and business lender join forces to give Australian small businesses a fighting chance
Lend and Limba are bringing brokers and small to medium sized businesses options outside of the traditional banking and lending institutions.
Prospa has delivered over $2 billion in lending to date through its financial technology platform supporting growth in the small business economy.
OnDeck Australia launches the KOALA Score – an innovative risk-predicting credit scoring model believed to be unique in the Australian market.
Square will be rolling out Square Loans in Australia, a program that helps small businesses grow by giving them quick and simple access to funds.
Lend has partnered with invoice and supply chain financier Butn, to enable brokers to access $5,000 – $10,000 advanced commissions for a fixed fee of $100.