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SMEs unconvinced on plan to boost business lending

SMEs unconvinced on plan to boost business lending

Business leaders are sceptical that the government’s $2 billion securitisation fund will reduce the barriers to accessing capital, My Business can reveal, despite the fanfare of the announcement.

by mybusiness | Dec 19, 2018

New investment fund targets medium businesses

In mid-November, federal Treasurer Josh Frydenberg announced the creation of an Australian Business Securitisation Fund, in a bid to boost the amount of accessible funding that smaller lenders and non-banks could draw on to lend to SMEs.