The Australian finance industry, traditionally dominated by the four major banks, has been experiencing an intriguing shift toward a previously underrepresented sector: private lenders. Non-bank lenders and private lenders, which make up roughly 5% of Australia’s financial system, are witnessing a swift expansion, especially in the realm of mortgage lending. This movement suggests a notable change in borrowing habits and…
Many Australian entrepreneurs find their loan applications rejected by traditional banks or established financial institutions due to a less-than-ideal credit rating or bad credit. At Loanbrite, however, we firmly believe that past financial missteps should not dictate the present. We take a holistic approach when considering loans with bad credit and have already aided numerous Australian businesses and borrowers in…
