Top small business loans in November 2019

Your guide to getting a small business loan Business loan rates have not fallen as far as RBA’s cash rate and rates on business savings [...]

POSTED ON November 14, 2019
How to check your business credit score

Did you know your small business has its own credit score, separate to you, the business’s owner? Most Australian small business owners do not know [...]

POSTED ON November 12, 2019
Review of OnDeck business loans

Easy unsecured loans for small business is the aim of OnDeck Capital. OnDeck opened for business in Australia in 2015 and specialises in unsecured loans [...]

POSTED ON November 11, 2019
Four great Unsecured Small Business Loans

When you’re looking for finance for business purposes, there’s a few factors to consider. You need to minimise the costs of the finance while maximising [...]

POSTED ON August 20, 2019
Fast Loans for Small Business

With many business loans, you might find that the turnaround time for your application can be anything from a few days to a few weeks. [...]

POSTED ON August 5, 2019
The essentials for setting up your home office

Many small businesses don’t require commercial premises to set up shop. Almost one million small businesses operate out of residential premises. But setting up a [...]

POSTED ON February 22, 2018
How to get a business loan with bad credit

Businesses often require a financial investment to help get them up and running. But before a bank can grant you a loan it will review [...]

POSTED ON February 20, 2018
From loan to profit: Growing your small business

You’ve probably come across the term start-up business loan while researching funding options for your new small business. But if you’re unsure of what exactly [...]

POSTED ON February 19, 2018
Insurance basics for small businesses

People often think about insurance in terms of life insurance, car insurance and private health insurance. But when you go into business for yourself, you [...]

POSTED ON February 14, 2018
How to choose a loan for your business

New businesses often require an infusion of cash to get up and running. Whether it’s to cover the rent for an office, purchasing or leasing [...]

POSTED ON February 14, 2018
Key terms to know about small business loans

Whether you want to launch a new business, purchase an existing one, upgrade your equipment, finance a new product line or ease your cash flow, a business [...]

POSTED ON November 16, 2017
What types of business loans are there?

Before applying for a business loan, you first need to decide what type of business loan works for you. To help you make a decision, [...]

POSTED ON October 11, 2017
How to apply for a business loan

Starting your own business is no small task. But once you have your business plan in order, it’s time to start thinking about your finances. [...]

POSTED ON October 10, 2017
What is a business loan?

For many people, a business loan can play a crucial role in turning an idea into reality. What is a business loan? In a nutshell, [...]

POSTED ON October 9, 2017
Business loans trending up

The Australian Bureau of Statistics said the value of commercial finance commitments increased 1.4 per cent in August from July. The level of business loans [...]

POSTED ON October 16, 2013
Small business loan rates falling

The latest Reserve Bank indicator lending rates, published yesterday, show that small business borrowers have done better than home loan borrowers in recent months.According to [...]

POSTED ON July 4, 2012
ING DIRECT wants to lend to small business

ING DIRECT’s chief executive Don Koch said he’s keen to double the bank’s existing portfolio of commercial loans in the next three years.ING DIRECT’s Mark [...]

POSTED ON May 23, 2012
Farmers turning to RaboBank for loans

RaboBank is now Australia’s second largest rural lender, behind NAB, and has become a key lender to companies that have fallen out of favour with [...]

POSTED ON March 15, 2012
Business loans getting harder to find

Business is likely to find getting a loan much harder in 2012 thanks to debt problems in Europe impacting on local lenders.Accounting consultancy Mercer warns [...]

POSTED ON January 27, 2012
Banks cut rates for farmers

Suncorp Agribusiness, Commonwealth Bank Agribusiness, ANZ Agribusiness and NAB Agribusiness have each reduced their term loan rates by between 0.20 percent and 0.25 percent in [...]

POSTED ON November 22, 2011
Demand for business loans rising

Monthly demand for new business loans continues to pick up, albeit slowly. On a seasonally adjusted basis, new lending increased eight per cent in August [...]

POSTED ON October 18, 2011
Banks discount rates for small business

Competition in the sluggish business lending market has forced lenders to trim their margins.The rate gap between home loans and residentially secured business loans has [...]

POSTED ON September 9, 2011
Westpac/St George looking for new business

Westpac fired the latest salvo in the battle for business banking customers with its offer to waive all establishment fees on loans over $10,000 and [...]

POSTED ON June 14, 2011
Bankwest launches business fee saver loan

Bankwest has launched a new business fee-saver loan, boasting no upfront bank establishment fees and no ongoing loan maintenance fees.Bankwest Business chief executive Ian Corfield [...]

POSTED ON May 11, 2011
Small business lending scrutinised

The Senate Economics Reference Committee’s inquiry into small business access to finance found that the supply of finance to small business had tightened over the [...]

POSTED ON July 16, 2010
SME borrowers report tighter loan rules

Half of all SMEs are paying between eight and 10 per cent for secured finance. According to Fujitsu’s SME market profit model, lenders are making [...]

POSTED ON July 8, 2010
Inquiry into small biz lending coming soon

The Opposition Leader Tony Abbott yesterday announced the Coalition would push for a Senate inquiry into restrictive lending practices by banks on small business financing.“There [...]

POSTED ON December 18, 2009
St George: Bank of the year

St.George reported strong customer metrics for the year ending June 2009, retaining its comfortable lead over the majors on both customer satisfaction (76.6 per cent [...]

POSTED ON November 16, 2009
100 new bank branches this year

The number of bank branches has increased for the eighth consecutive year, according to a survey released today by the Australian Prudential Regulation Authority (APRA).Over [...]

POSTED ON November 13, 2009
Rates heading up says Commbank

The Commonwealth Bank expects official interest rates to be 4.5 per cent within one year and will not rule out raising rates on its own [...]

POSTED ON November 12, 2009
Mecu wins awards and happy customers

mecu, one of Australia’s largest credit unions, was one of the very few Australian financial institutions to report an increase in profit this year. mecu’s [...]

POSTED ON November 12, 2009
Credit costs to go up under new rules

The cost of credit and loans to consumers will rise if the Australian government adopts new global rules governing bank liquidity say the Commonwealth Bank."I [...]

POSTED ON November 12, 2009
Credit unions delivering better deals

More than 4.3 million Australians are members of a credit union or mutual building society. “Mutual financial institutions offer Australians a better banking deal with [...]

POSTED ON November 11, 2009
Banks slug small business

Interest rate margins on small business loans have increased greatly over the last two years. In 2007 loans to small and medium sized businesses from [...]

POSTED ON November 11, 2009
Twenty new branches for St George

St George Bank has reported good results for the 2008/09 financial year with total lending up 10 per cent to $121 billion and total deposits [...]

POSTED ON November 10, 2009
Heritage delays rate rises until 2010

Australia’s largest building society, Heritage, has announced an increase in interest rates on all variable rate loans following the Reserve Bank of Australia’s (RBA) decision [...]

POSTED ON November 10, 2009
Higher rates are coming soon

The Reserve Bank of Australia has upgraded its economic forecasts, raising expectations that interest rates will be raised higher over coming months. On Friday the [...]

POSTED ON November 9, 2009
ME Bank says we have lower fees

The decision by NAB to remove monthly account keeping fees on a few accounts is a small proportion of the total fees and commissions received [...]

POSTED ON November 6, 2009
VIDEO: InfoChoice on Today Tonight – $6bn Savings

InfoChoice, Australia's leading finance comparison site presents CEO Shaun Cornelius in an interview with Today Tonight about Infochoice's research highlighting opportunities for consumers to save [...]

POSTED ON November 5, 2009
Westpac challenging CBA

Westpac will take over the mantle as Australia’s most profitable bank after reporting record growth in deposits and loans.Yesterday, Westpac announced an 11 per cent [...]

POSTED ON November 5, 2009
Westpac spares business from rate rise

Westpac yesterday passed on the full 0.25 per cent rate rise to its‘ home loan customers but is not passing on the rate rise to [...]

POSTED ON November 4, 2009
ANZ falls back into line on rates

ANZ Bank further clarified its position on rate rises yesterday and backed even further away from an apparent pledge last week by chief executive Mike [...]

POSTED ON November 4, 2009
Banks to add more to RBA rate rises

Borrowers are likely to be slugged by more rate rises from RBA and more margin expanding rate rises from the big banks as well. The [...]

POSTED ON November 2, 2009
Switch your lender & save $3,800

Over the last 14 months of the GFC, many people moved their money and their business to a big four bank. Many people could simply [...]

POSTED ON November 2, 2009
Four steps to switching banks

Switching bank accounts to a new bank is easier than it has been in the past, but can still be a complex process. ASIC and [...]

POSTED ON November 2, 2009
Fee changes to all transaction accounts

Almost all banks, credit unions and building societies have announced changes to the fees they charge their credit card, loan and account customers. Now may [...]

POSTED ON November 2, 2009
Banks trying to connect with customers

ANZ, Westpac and NAB have launched new marketing programs recently all trying to reconnect with their customers and communities. ANZ have re-fashioned their signage with [...]

POSTED ON November 2, 2009
Most borrowers reject fixed rates

Most homeowners are choosing to stick with their variable rate mortgages with only ten per cent saying they are opting to fix their rate now. [...]

POSTED ON November 2, 2009
Aussies are stashing their cash

The first national study by Westpac into the social effects of the global financial crisis shows more than 32% of Australians are cocooning in the [...]

POSTED ON November 2, 2009
ANZ backs away from no rate rise commitment

ANZ CEO Mike Smith yesterday clarified the bank’s likely approach to pricing home loans in Australia as the RBA prepares to lift the cash rate [...]

POSTED ON October 30, 2009
0.25 per cent rate rise coming next week

The Reserve bank of Austalia will raise the official cash rate by half of one per cent before christmas say many economists. Most economists are [...]

POSTED ON October 29, 2009
NAB slugs borrowers

NAB's net interest margin on Australian lending has risen consistently since March last year, and is now at 2.65 per cent, its highest level since [...]

POSTED ON October 29, 2009
ANZ lives in your world

ANZ has launched its new brand identity and positioning to support its super regional strategy and set an aspiration to develop ANZ as a people-focused, [...]

POSTED ON October 29, 2009
Westpac says rates may have to go up

Westpac chief Gail Kelly says the cost to the bank of funding its lending is still very high and could result in credit rationing. Kelly [...]

POSTED ON October 28, 2009
Customers rate ANZ the favourite bank

Amongst bank customers overall, bank satisfaction for the last 12 months improved by 0.5 percentage points to 73.2 per cent. The four majors have shown [...]

POSTED ON October 28, 2009
High income earners like Westpac

Individuals earning more than $90,000 year are less satisfied with their bank than other customers. High-income earners account for about nine per cent of all [...]

POSTED ON October 28, 2009
Business turning against NAB

The TNS Business Finance Monitor (BFM) has shown a long-term improvement in business customers’ satisfaction with their banks since the BFM started in 2001. Looking [...]

POSTED ON October 27, 2009
ME bank opens more Melbourne branches

ME Bank has announced the opening of two new branches in southern and eastern Melbourne, taking the bank’s total branch network to eight. The new [...]

POSTED ON October 23, 2009
Scam phone survey targets bank customers

The Australian Bankers’ Association (ABA) has learned of a scam telephone survey which falsely claims to be undertaken by the ABA. The bogus survey telephone [...]

POSTED ON October 23, 2009
House prices to double

The average Melbourne house will double in value by 2021 to $1,056,199 from $525,000 last month according to property research company BIS Shrapnel.Low interest rates, [...]

POSTED ON October 22, 2009
RBA divided on rate rises

Minutes of the October Reserve Bank of Australia board meeting reveal that at least one board member, believed to the Treasury Secretary Dr Ken Henry, [...]

POSTED ON October 22, 2009
Rate tipped to rise by 0.5 per cent

Financial markets have priced in a 67 per cent chance of a half a per cent rate rise on Melbourne Cup Day, the first Tuesday [...]

POSTED ON October 22, 2009
Bendigo most popular bank

A survey released by consumer groups shows that Bendigo Bank continues to provide industry-leading customer satisfaction levels. Bendigo Bank recorded the highest overall satisfaction score [...]

POSTED ON October 22, 2009
Seven more rate rises coming soon

The Reserve Bank will not be timid in raising interest rates said the governor of the RBA Glenn Stevens yesterday. Mr Stevens said interest rates [...]

POSTED ON October 16, 2009
Bank of Queensland has big ambitions

The Bank of Queensland announced a record full year profit yesterday and said it wanted to grow to become a rival to the big four [...]

POSTED ON October 16, 2009
Banks to know everything about you

New privacy laws being proposed to be introduced next year will allow banks and other lenders to see a credit applicant’s entire financial history of [...]

POSTED ON October 15, 2009
Your credit file is about to get screened

The Australian government will introduce five new pieces of data into consumer credit reports, adopting all the recommendations of the Australian Law Reform Commission for [...]

POSTED ON October 15, 2009
20 per cent struggling with repayments

The Reserve Bank’s aggressive interest rate cutting has helped keep loan arrears and defaults to a minimum over the past year but almost one in [...]

POSTED ON October 14, 2009
NAB customers hit by computer problem

National Australia Bank customers have experienced problems when viewing their account transactions or conducting transfers. The bank says its computer system is to blame.''Due to [...]

POSTED ON October 14, 2009
Community banking celebrates birthday

Bendigo Bank is 150 years old and is being credited with helping to save a number of rural communities with its community banking model.A new [...]

POSTED ON October 14, 2009
Small business to get financed

Bendigo and Adelaide Bank has announced that it will be able to widen its lending criteria and approve loans for a wider range of applicants, [...]

POSTED ON October 13, 2009
Westpac deposit rates hit new high

Westpac announced it is increasing its standard variable home and business lending interest rates, credit card rates and selected personal and business deposit rates in [...]

POSTED ON October 12, 2009
ANZ cuts more account fees

ANZ is removing of a range of fees for “Do It Yourself” (DIY) phone, internet and mobile phone banking as part of a new, simplified [...]

POSTED ON October 12, 2009
Mortgage repayments to rise by $355/month

Two more rate rises from the Reserve Bank are expected by financial markets before Christmas after stronger than expected jobs data was released yesterday by [...]

POSTED ON October 9, 2009
Rates rise across the board

All four big banks yesterday passed through the Reserve bank’s 0.25 per cent rate rise to customers. The rise puts the standard variable mortgage rate [...]

POSTED ON October 9, 2009
Cards and business loans go up

Banks are likely to raise rates much more quickly than the Reserve Bank says analysts who warn that bank funding costs are still very high.While [...]

POSTED ON October 9, 2009
Rate rises: CBA refusing to go first

Commonwealth Bank and NAB are resisting pressure to announce their rate rise intentions as all four big banks seem to be stuck in a standoff [...]

POSTED ON October 8, 2009
CUA tops customer satisfaction survey

CUA is Australia’s top financial institution when it comes to everyday banking satisfaction, according to a recent independent survey by consumer groups. CUA had the [...]

POSTED ON October 8, 2009
CUA losing members

Australia’s largest credit union, CUA, is losing members despite investing in a slick marketing campaign featuring high-profile TV celebrities and scoring well in customer satisfaction [...]

POSTED ON October 8, 2009
Mortgage rates set to rise

Standard variable mortgage rates are expected to rise as early as today.ANZ, Westpac, National Australia Bank and Commonwealth Bank all say their rates are under [...]

POSTED ON October 7, 2009
School tuckshops take credit cards online

Parents at some schools are paying for their children’s lunches online with their credit card to avoid having to give their children money. Holy Cross [...]

POSTED ON October 6, 2009
Aussie share obsession cuts our wealth

Australians lost almost twice as much money during the global financial crisis as people in other countries according to the 2009 global wealth report, by [...]

POSTED ON October 6, 2009
Ten million online bankers

Almost 10 million Australians visited their online internet bank each week, but more visit and spend much more time on social networking sites such as [...]

POSTED ON October 6, 2009
Less competition in banking

National Australia Bank yesterday acknowledged to a senate committee hearing in Melbourne that banking consumers' choices had narrowed in the past year. “I think it's [...]

POSTED ON October 6, 2009
Auction continue to deliver results

There were only 171 auctions listed in Sydney on the October long weekend but the clearance rate improved to 72.5 per cent from 62 per [...]

POSTED ON October 6, 2009
Competition returning to mortgage market

NAB, ANZ and second tier lenders all managed to claw back mortgage market share in August. ANZ said they have improved turnaround times on mortgage [...]

POSTED ON October 2, 2009
Borrowers head to Commonwealth in August

The growth story in the loan market remains that of Commonwealth Bank, which lifted its lending by 1.2 per cent over the month of August [...]

POSTED ON October 2, 2009
200,000 Ford car loans sold to Macquarie

Macquarie Leasing will take over the servicing of the Ford loans by January 2010. The portfolio covers around 200,000 vehicles and adds to the bank’s [...]

POSTED ON October 2, 2009