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clock Created with Sketch. 31/03/20
18:01
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Originally posted by woogiee:
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I don't know if that's entirely true, but my research from treasury website states non-bank lenders are still able to apply for the funding - via the same process bany lenders do. they do state however they are unlikely to give funds to non bank lenders that have <$50M assets, and limited SME lending experience. prospa exceed both these conditions, and are probably one of the most well positioned company's to flow credit into the market quickly given the makeup and customer base of SMEs, particularly ones who are impacted by recent events.
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yeah I don’t think it matters though cause they only helps with new under writing
