Non-bank funding replaces COVID stimulus measures for SMEs
A quarter of Australian SMEs added non-bank funding facilities in 2022 following the termination of government COVID stimulus and support programs, more than double the figure of 12% a year earlier.
Top three things SMEs want in a new lender in 2023
Speed, ease and dependable customer service! These are the common themes Australian SMEs are looking for when sourcing new business finance.
100% of Australian SMEs hit by supply chain disruptions – Two thirds increasing prices in response
ScotPac’s SME Growth Index Report reported experiencing some form of supply chain disruption in the six months to September 2022.
Octet broadens its leadership structure
Octet has announced a new senior leadership structure, with Brett Isenberg and Michael Rom transitioning into the roles of Co-CEO’s.
Moneytech expands its Executive Team
Moneytech has expanded its Executive Team with the appointment of a range of senior leaders for the Australian fintech lender.
SMEs cite skyrocketing staff issues as they name their top business concerns
SMEs were already struggling with staff issues in the second half of 2021, well before the Omicron spike exacerbated their staff shortage woes.
