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Banking Day

The Supreme Court of New South Wales has approved the scheme of arrangement between finance company Thorn Group and its major shareholder Somers Ltd, clearing the way for Somers to acquire the shares in Thorn it does not already own.

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Grow Finance appoints new BDM partner

Matthew Stitt has joined the non-bank lender as a new partner in the Queensland business development team. The non-bank lender has welcomed the national retail operations manager of Apollo RV Sales a

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Broker uptake drives 57% trade finance spike at Grow

Increased broker uptake helped deliver a 57 per cent increase in invoice finance at Grow Finance in July, the SME lender has revealed.  

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