The APRA Inquiry creates the opportunity for CBA to turn from laggard to leader in culture and governance.

The APRA Inquiry creates the opportunity for CBA to turn from laggard to leader in culture and governance.

A truism learned from a career inside and outside banking is “you may win a battle with a bank but you’ll never win a war”. But big and powerful banks, accustomed to getting their way with customers, seem to be finally coming to the realization that they are not going to win the public opinion […]

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Shining a light on the SME fintech lending market

Shining a light on the SME fintech lending market

theBankDoctor has joined forces with Kate Carnell & Fintech Australia to conduct a study into the SME fintech lending market. The report which in part will help small business owners better understand the ins and outs of borrowing from a fintech lender, will be issued in September 2017. Further details can be found here.

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Borrowers be Aware & Beware

Borrowers be Aware & Beware

Borrowers would be wise to ensure they understand how the changes taking place in the economy & the banking sector in particular will impact on their borrowing arrangements. This piece highlights the main areas of concern, explains how the banks are responding and offers six tips to safeguard your borrowing arrangements. HOUSEHOLD DEBT. At more […]

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What keeps SME owners awake at night?

What keeps SME owners awake at night?

Cashflow and time management are the biggest pain points for Australian SMEs, according to research conducted by East & Partners for ASX-listed working capital lender Scottish Pacific. The bi-annual SME Growth Index canvassed the views of more than 1200 SMEs with turnovers ranging from $1 million to $20 million. Cashflow concerns arise from a range […]

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Does your bank really want you as a customer?

Does your bank really want you as a customer?

Take theBankDoctor’s two minute quiz to find out. SMEs are finding it difficult to get bank funding yet banks keep telling us they are keen to lend. So what’s going on? Are the banks being too tough or do small business owners just have unrealistic expectations? Well in fact, both statements are true. There’s no […]

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Thinking of borrowing from an online  lender?

Thinking of borrowing from an online lender?

Find out what you need to know by watching this webinar conducted by theBankDoctor for Tyro Payments. Small business owners around the world are flocking to the new breed of online lenders who offer fast and friendly access to funding but there are risks involved and in this webinar we talk about the factors small […]

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Should you be fixing your interest rates?

Should you be fixing your interest rates?

Businesses owners continue to enjoy the benefits of record low interest rates and with some experts predicting the Reserve Bank’s official cash rate could fall to as low as 1.5%, it’s understandable why you might adopt a “do nothing” stance. The RBA could reduce the Cash Rate further in the months ahead but that doesn’t […]

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SmartCompany names theBankDoctor as #5 in Australia’s Best Business Blogs

SmartCompany names theBankDoctor as #5 in Australia’s Best Business Blogs

SmartCompany has recognised theBankDoctor’s contribution to the SME sector by naming it as one of Australia’s best business blogs. This is what SmartCompany had to say Banking and finance can be a difficult area for small businesses to navigate on their own and that’s where websites like theBankDoctor come in. This not-for-profit organisation provides free, […]

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How to take control of your banking destiny

How to take control of your banking destiny

We regularly hear about how SMEs are powerless when it comes to dealing with banks but recent research conducted by East & Partners for Scottish Pacific highlights a number of ways in which SMEs can take greater control of their banking destiny. The research suggests that only 20% of SMEs review their banking on a […]

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Australian SMEs need & deserve a borrowers’ Bill of Rights

Australian SMEs need & deserve a borrowers’ Bill of Rights

Predatory lenders exist in the SME space just like the payday personal lenders. The risk is the less scrupulous operators will spoil an exciting new source of SME funding.  American small business borrowers now have a Bill of Rights which will afford significant protection from predatory lenders. US lenders which join the Responsible Business lending […]

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