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Six online SME lenders (fintechs) including Prospa, Spotcap, Capify, GetCapital, Moula and OnDeck, has signed on to a self-regulating commitment to improve the transparency of loans provided to SME borrowers. The commit to disclosing all costs through a standard pricing comparison document, including annual percentage rates and total cost of credit (i.e. interest expenses and

Concern is mounting that business loans may be curtailed as an unintended result of the Banking Royal Commission, according to a media report. Access to finance is an ongoing issue for SMEs despite seemingly relatively favourable conditions for investment. The chief executive for banking and wealth at Suncorp highlighted differences between corporate and retail consumer

BY JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2017   12:48PM An increasing number of property investors are securing finance through a mortgage broker, with 83% of investors intending to do so in the next 12 months. The third annual national Property Investor Sentiment Survey from Property Investment Professionals of Australia shows 73% of investors used a broker to secure their

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