The Australian Business Securitisation Fund has made its latest investment, committing A$225 million to a warehouse facility sponsored by SME lender Dynamoney.
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.
The SME lender has rebranded as it plans for further expansion of products and partnerships across the global finance sector. The SME lender formally known as Grow Finance has today (14 November) reve
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The SME lender has ceased offering invoice and trade finance products, with its existing facilities being sold to another non-bank. Non-bank lender Grow Finance (Grow) has confirmed that its executi