Around 20% of customers who requested relief are already in a position to resume full repayments
COVID-19 has fast-tracked many trends that were already emerging in commercial lending. Now, Beau Bertoli, co-founder and chief revenue officer at Prospa, says the agile fi ntech is well placed to offer speedyturnaround times so SMEs can get back to business sooner
Calm and thoughtful action – at any level within an organisation – is crucial to creating a way forward, says aggregator CEO
Individual organisations better placed to acquaint customers with new system rather than a general campaign, group says
The important question for brokers is will commissions apply on these loans? The answer, it depends
There are 22 confirmed banks and non-banks offering loans under the Coronavirus SME Guarantee Scheme