Business hub

Across the globe, marketplace lending is one of the fastest growing forms of lending. Major international investment bank Morgan Stanley predict that, by 2020, marketplace lending to Aussie small businesses will reach $11.4 billion.

Marketplace lending organisations recognise that businesses have lots of choice when it comes to sources of credit. They also recognise that every business in every industry has its own unique circumstances. Circumstances that make it a better candidate for credit.

Despite what the pollies and commentators say, innovation is not just a matter of research, education and infrastructure. There are plenty of Aussie businesses out there with the ideas, talent and drive to do great things. The problem is red tape and regulatory burden.

For some, a smartphone used to be a welcome means of distraction from work. However these days – depending on your business – it’s likely that your phone has become a device that you simply can’t do business without.

Truly innovative companies are prepared to take risks, learn from their mistakes and consistently try new ways of operating.

We look at the how the small business sector in Australia struggles to access finance to grow their businesses.

Yolanda Redrup interviews Banjo CEO Andrew Colliver as new platform launches.