SME recovery hampered by lags in lending

by OnDeck Australia, Sep 30, 2020

The Adviser

30 September 2020

“SMEs seeking bank finance are facing drawn out approval times, and it can hamper the road to recovery, says Cameron Poolman, CEO OnDeck Australia….”

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Lending, Finance, Business Operation, Uncategorized, Business Loans, Business Growth, Cash Flow, COVID-19, General

Loan amounts and loan terms are for illustrative purposes only, which the lender may adjust in its sole discretion without notice. Eligibility and approval are subject to a standard credit assessment and the applicants’ business circumstances which may include information such as industry, time in business, estimated revenue and other data. Not all loan amounts, term lengths or rates will be available to all applicants. Loans are subject to lender approval. Fees, terms and conditions apply.

^The timeframe required to process and fund loan applications may vary for each individual application. Factors such as the completeness and accuracy of application materials, verification processes, and external circumstances can influence the processing & funding timelines.

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SME recovery hampered by lags in lending

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SME recovery hampered by lags in lending

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