In Focus: Guiding SME clients to clinch finance
Semper founder and director Andrew Way explains how brokers can assist SME clients obtain commercial loans, especially those who have been unable to access finance from banks. Speaking to The Adviser’s In Focus podcast, Mr Way observed that the coronavirus pandemic has accelerated the demise of what he calls “zombie businesses” while bolstering those businesses with […]
In Focus: Commercial lending during COVID-19
The commercial lending landscape has changed dramatically since COVID-19 began, but knowing which sectors are thriving and which need support is key. Semper’s Andrew Way reveals the key trends he has been seeing in the commercial segment and how brokers can help. Semper Capital manages commercial mortgage risk and applies risk-management and credit assessment tools developed […]
Warning issued over ‘sleeper risk’ borrowers
The founder and director of a commercial lender has issued a warning over the growing phenomenon of “sleeper risk” loan applicants arising from COVID-19. Amid growing concerns that Australia may soon face a swathe of business insolvencies as stimulus measures for SMEs start to taper off, the head of a commercial lender has also warned that there is […]
Non-bank cuts rate, offers deferred repayments
A commercial lender has reduced its rate on interest-only first mortgages by 25 basis points and launched a new 12-month repayment deferral option. Non-bank lender Semper has reduced the rate on its interest-only first mortgage product from 7.99 per cent to 7.74 per cent per annum for commercial transactions over $2 million with a loan term of up […]
Semper charts sharp rise in commercial transactions
A non-bank lender has experienced significant growth across a specific band of its business, an influx it partially attributes to the spike in brokers actively focusing on increasing their commercial offerings. The “record rise” at Semper was seen across commercial transactions above two million dollars, which were up 42% on the quarter before. The fintech […]
Non-banks voice support for brokers following RC
Several non-bank lenders have been voicing their support for the broker channel and highlighting their dependence on them following the release of the banking royal commission final report.
In Focus: The new ‘normal’ in the mortgage space
Excerpt from The Adviser. With the major banks streamlining their offerings recently, coupled with a stricter lending environment as a result of the royal commission, more and more non-bank lenders are embracing the opportunities that these circumstances present. In this episode of In Focus, Semper Capital director Andrew Way joins host Annie Kane to discuss […]
SMEs need brokers in current lending landscape
As residential lending and property price growth stagnate, SMEs will be increasingly turning to finance brokers to help navigate the lending market, according to a Scottish Pacific executive. Wayne Smith, who leads the debtor finance division as well as broker relationships at Scottish Pacific, said that market trends such as stalling property prices and shrinking […]
Broker opportunities building up in SME market
As residential lending slows, the greatest opportunities for brokers will emanate from the SME market, according to Semper’s director. Speaking on The Adviser’s In Focus podcast, Andrew Way, director at Semper, said that the residential lending market in Australia will likely continue on its downward slide due to “stalling” property prices, subdued risk appetites of lenders […]
In Focus: Short-term loans in a tighter lending economy
In this episode of In Focus, Andrew Way, the director of Semper, joins host Annie Kane to break down the basics of short-term finance and reveal how brokers can use the alternate funding to cement themselves as trusted business advisers. Andrew also unpacks the options that Semper is able to offer brokers and their SME […]
SMEs driving surge in second mortgages
Short-term lender Semper Capital has revealed that it has seen second mortgage loans surge by 64 per cent year-on-year, with the majority driven by demand from SMEs. According to Semper Capital, small and medium-sized businesses “dominated” the utilisation of the facility as they sought to make capital purchases to optimise tax breaks prior to the […]
