Moneytech and AFG Collaborate to Boost SME Financing
New Partnership Aims to Streamline Business Loan Processes
0
The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.
In a significant development for Australian small and medium-sized enterprises (SMEs), non-bank lender Moneytech has joined the Australian Finance Group (AFG) lender panel.
This partnership is set to enhance the accessibility of SME funding solutions nationwide.
Effective immediately, AFG's extensive network of over 4,300 brokers can access Moneytech's diverse range of lending products. These include working capital solutions, asset finance, and business loans tailored to meet the unique needs of SMEs.
This collaboration comes at a crucial time when many SMEs face cash flow challenges and require flexible financing options. By integrating Moneytech's offerings into AFG's platform, brokers can provide their clients with more comprehensive and adaptable funding solutions.
For SMEs, this partnership signifies a broader range of financing options and the potential for more competitive loan terms. It also underscores the growing role of non-bank lenders in the Australian financial landscape, offering alternatives to traditional banking institutions.
In summary, the alliance between Moneytech and AFG represents a positive step towards simplifying and expanding access to SME financing in Australia. Businesses seeking funding are encouraged to consult with their brokers to explore the new opportunities this partnership presents.
Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.
The Australian Government has expedited the launch of its expanded 5% Deposit Scheme, now effective from October 1, 2025, to assist first home buyers in entering the property market sooner. This initiative allows eligible individuals to purchase a home with a deposit as low as 5%, without the burden of Lenders Mortgage Insurance (LMI). - read more
The Australian housing market has witnessed a significant surge in first home buyer activity, with the number of new loans rising by 6.8% to 31,783 in the December quarter of 2025. This marks the most substantial increase since the December quarter of 2023, according to the Australian Bureau of Statistics (ABS). - read more
Yamaha Motor Australia has introduced an enticing finance offer for enthusiasts looking to purchase selected 2026 and earlier YZ models. This limited-time promotion features a 1% per annum comparison rate finance, coupled with factory savings, making it an opportune moment for riders to invest in Yamaha's renowned off-road motorcycles. - read more
The Federal Chamber of Automotive Industries (FCAI) has reported a 7.4% increase in motorcycle sales in Australia during the first quarter of 2026, with 20,624 new bikes sold between January and March. This growth is largely attributed to a significant rise in off-road motorcycle sales, which saw a 26.7% year-on-year increase, totaling 8,737 units. Scooter sales also experienced a 7.8% uptick, reaching 1,431 units. Conversely, the road segment declined by 3.2%, and off-highway vehicles saw a 9.2% decrease. - read more
MotorCycle Holdings Limited, Australia's leading motorcycle retailer, has reported a 21% increase in revenue for the first half of the 2026 fiscal year. This growth has elevated the company's market share to a record 19.8% in new vehicle sales, underscoring its dominant position in the industry. - read more
