Non-banks most committed to broker channel, say brokers
The interim results of the Third-Party Lending Survey 2024 have revealed that non-banks lead the way when it comes to commitment to brokers.
Source: theadviser.com.au
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Macquarie Bank shuts down new car lending
Customers will no longer be able to enter into new car loans with the non-major bank.
Source: theadviser.com.au
Bank turnarounds accelerate: Broker Pulse
Lender turnarounds have accelerated to near-record speeds, with one bank taking just 24 hours to reach an initial credit decision, according to brokers.
Source: theadviser.com.au
Lenders reaching unconditional approval in record time: AFG
It is now taking 17.2 days for loans to go from lodgement to formal approval, according to the aggregator.
Source: theadviser.com.au
CBA launches new green loan for businesses
The major bank has launched a new Business Green Loan to support Australian businesses to transition to sustainable practices.
Source: theadviser.com.au