“We’re helping SMEs navigate the lending market for the best loan outcome,” says ebroker CEO

By James Harkness · 11 December 2017 · Advice

“We’re helping SMEs navigate the lending market for the best loan outcome,” says ebroker CEO

Small Businesses Left Behind in Loan Market

Discover how a fintech startup is shaking up the lending industry for SMEs, but will it be enough to change the game?

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Summary

Due to the ‘gigantic profits’ banks derive from processing the ‘lion’s share’ of home loans in Australia, traditional lenders haven’t had a compelling case for servicing small businesses – rejecting around 50% of their loan requests, according to Simon Isaacs, founder and CEO of fintech startup ebroker. “Banks can lend $62.50 for every dollar* of their […]