The government has thrown its support behind the nation’s SMBs with the announcement of a major new fund using Commonwealth bonds to back small business.
Small business lending fintech Prospa has amended its loan terms following a review by the Australian Securities and Investments Commission (ASIC).
A group of fintech lenders have signed a Code of Lending Practice that aims to “standardise transparency and disclosure” around the loans they offer small businesses.
Fintech Australia partners with small business ombudsman to lead charge for transparency among fintech lenders
As fintech lenders come to dominate the lending landscape for small business, FinTech Australia is leading the charge for more transparency in the industry.