Small Business Finance :: News
SHARE

Share this news item!

Non-Bank Lenders Advocate for Inclusion in Economic Resilience Program

The Case for Non-Bank Lenders in Supporting SME Resilience

Non-Bank Lenders Advocate for Inclusion in 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 urging the Australian government to include them in the $1 billion Economic Resilience Program, highlighting their critical role in providing finance to small and medium-sized enterprises (SMEs).
This call comes as the Reserve Bank of Australia (RBA) reports a significant increase in the non-bank share of SME lending since 2022, particularly for smaller loans.

Moneytech, a prominent non-bank lender, emphasizes that non-bank institutions have become integral to how Australian SMEs access finance. The RBA's observations support this, noting that the growth in non-bank lending is driven by SMEs' demand for faster decisions, more flexible criteria, and diverse funding options.

In response to the Treasurer's announcement on coordinated action to support businesses affected by global energy market disruptions, the Australian Finance Industry Association (AFIA) acknowledges the importance of including non-bank lenders in such initiatives. AFIA CEO Diane Tate states that their members are actively working with SME customers experiencing short-term financial stress due to these disruptions. She emphasizes the need for businesses to contact their lenders early to discuss their operational and financial circumstances.

Inclusion of non-bank lenders in the Economic Resilience Program would ensure a more comprehensive support system for SMEs, leveraging the agility and tailored solutions that non-bank institutions offer. This approach aligns with the government's objective to provide timely and effective assistance to businesses navigating economic challenges.

For SMEs, this development underscores the importance of exploring a broad spectrum of financing options. Engaging with both traditional banks and non-bank lenders can provide a more nuanced understanding of available financial solutions, enabling businesses to make informed decisions that best suit their unique needs.

In conclusion, the advocacy for non-bank lenders' inclusion in the Economic Resilience Program highlights the evolving landscape of SME financing in Australia. Recognizing and integrating the contributions of non-bank institutions can enhance the resilience and growth prospects of small businesses across the nation.

Published:Saturday, 30th 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

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


Business Loans Articles

Practical Tips for Maintaining a Healthy Cash Flow in Your Small Business
Practical Tips for Maintaining a Healthy Cash Flow in Your Small Business
Cash flow refers to the movement of money into and out of your business. It encompasses all the income your business earns from sales, payments from customers, and investments, as well as all the expenses for operational costs, salaries, and other expenditures. - read more
Commercial Property Financing: Overcoming Common Hurdles Faced by Small Businesses
Commercial Property Financing: Overcoming Common Hurdles Faced by Small Businesses
Entering the sphere of commercial property financing can often present a complex challenge for small business owners. In today's market, understanding the nuances of securing the necessary capital to invest in property can make the difference between the success or stagnation of a business. - read more


Need Help Finding a Loan?

Business Loan Repayment Calculator

Business Loan Repayment Calculator

Small Business Finance SME Newscast

Small Business Finance SME Newscast

Stay informed with MoneyTips

Get practical financial information, news, guides and resources.

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

Knowledgebase
Refinancing:
The process of obtaining a new mortgage to replace an existing one, often to secure a lower interest rate.