Small Business Finance :: News
SHARE

Share this news item!

Non-Bank Lenders Seek Access to Economic Resilience Program

Advocating for SME Support Through Government Initiatives

Non-Bank Lenders Seek Access to Economic Resilience Program?w=400

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.

Non-bank lenders are calling for inclusion in the Australian government's $1 billion Economic Resilience Program, emphasizing their crucial role in providing finance to small and medium-sized enterprises (SMEs).
The Reserve Bank of Australia has noted a significant increase in the non-bank share of SME lending since 2022, particularly for smaller loans.
This growth is driven by SMEs' demand for faster decisions, more flexible criteria, and diverse funding options.

Moneytech, a prominent non-bank lender, has highlighted the importance of their participation in the program to ensure comprehensive support for SMEs. They argue that excluding non-bank lenders could limit the effectiveness of the initiative, as these lenders have become integral to the SME financing landscape.

The Economic Resilience Program aims to bolster businesses facing economic challenges by providing financial assistance and resources. Including non-bank lenders would expand the reach and impact of the program, offering SMEs a broader range of financing options tailored to their specific needs.

As the economic environment continues to evolve, collaboration between the government and all financial institutions, including non-bank lenders, is essential to support the resilience and growth of Australian SMEs.

Published:Friday, 22nd May 2026
Author: Paige Estritori

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.

Share this news item:

Rate this article

Sign in with Google to rate

0 Comments

No comments yet. Be the first to share your thoughts.

Finance News

Why Rising Debt Stress Should Prompt SMEs to Review Finance Early
Why Rising Debt Stress Should Prompt SMEs to Review Finance Early
15 Sep 2026: Paige Estritori
Fresh industry attention on small business debt stress is a timely reminder that borrowing pressure rarely appears overnight. For many Australian SMEs, the squeeze builds gradually: a slower sales month, higher supplier costs, delayed customer payments, tax instalments, payroll commitments and existing loan repayments all competing for the same working capital. - read more
What the Instant Asset Write-Off Means for SME Borrowing
What the Instant Asset Write-Off Means for SME Borrowing
08 Sep 2026: Paige Estritori
Australian small businesses are again watching the instant asset write-off closely, with the federal government seeking to keep the threshold available for eligible assets. For many SMEs, the measure can make planned investment in tools, vehicles, technology or machinery more attractive because the cost of qualifying assets may be deducted sooner rather than depreciated over several years. - read more
Click for more Finance News


Business Loans Articles

Flexibility and Freedom: Exploring the Benefits of Working Capital Financing
Flexibility and Freedom: Exploring the Benefits of Working Capital Financing
Welcome to our exploration of working capital financing. For many Australian small business owners, managing cash flow and covering daily operational expenses can be a major challenge. This is where working capital loans come into play. - read more
Working Capital Finance Options for Australian Businesses
Working Capital Finance Options for Australian Businesses
Working capital is the funding a business uses to meet day-to-day obligations, manage cash flow gaps and respond to operating pressures. For Australian businesses, understanding the available finance options can help with planning, supplier payments, payroll, inventory and growth opportunities without relying on a single funding source. - read more


Need Help Finding a Loan?

Business Loan Repayment Calculator

Business Loan Repayment Calculator
Calculate

Small Business Finance SME Newscast

Small Business Finance SME Newscast
Listen

Stay informed with MoneyTips

Get practical financial information, news, guides and resources.

Subscribe
All finance quotes are provided free (via our secure server) and without obligation.
We respect your privacy.

Knowledgebase
Option:
A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an asset at a specified price on or before a specified date.