One in four of the businesses to have borrowed money from Prospa between 2013 and 2018 were uncertain they would have remained afloat without the injection of cash from their loan.
Read at MyBusiness.
1 in 4 SMEs doubt viability without loans
A business lender’s analysis of its almost $1 billion in loans has revealed the extent to which such finance is being used to keep SMEs open, just as the nation awaits the final report from the banking royal commission.
