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