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Showing 91 - 100 of 540 results for "Lenders"

No returns in sight for AAP investors

ALLY SELBY  |  TUESDAY, 21 JUL 2020
... at the heart of AAP and it will now be structured as a not-for-profit, so there's absolutely no investor ownership and lenders have no say in the business," he said. The private lenders are impact investors who want to support the business and see it ...

Government expands SME Guarantee Scheme

ANNABELLE DICKSON  |  MONDAY, 20 JUL 2020
... Thursday. The initial phase of the scheme remains available for new unsecured loans up to $250,000 issued by eligible lenders until September 30 for a maximum loan period of three years with a six-month repayment holiday. The second phase will commence ...

Gordon Brothers appoints Aussie executive

JAMIE WILLIAMSON  |  THURSDAY, 2 JUL 2020
... Gordon Brothers first launched its Australian operations in 2017, providing assistance to private equity firms, asset-based lenders and with mergers and acquisitions. He will provide comprehensive asset valuations to the restructuring/insolvency sector ...

IFM Investors ready to ramp up corporate lending

KANIKA SOOD  |  FRIDAY, 22 MAY 2020
... about $7.5 billion, of which roughly $4 billion is in direct lending and the rest across warehouse facilities for non-bank lenders making consumer loans and fixed income. Hiran Wanigasekera, an executive director at IFM Investors with joint management ...

Banks urged to step up

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
... an event such as this." The RBA governor said a reduction in a capital buffer ratios would be entirely appropriate as lenders "support customers" during the COVID-19 downturn. "It's important that lenders continue to support the flow of capital to the ...

ASIC secures $160m in remediation over junk credit insurance

ALLY SELBY  |  THURSDAY, 14 MAY 2020
... announced it has secured $160 million in remediation for consumers sold junk credit insurance from 11 major banks and lenders between 2011 and 2018. These include offerings from ANZ, Australian Central Credit Union, Bank of Queensland, Bendigo and Adelaide ...

Madison sale slated for May completion

KANIKA SOOD  |  WEDNESDAY, 29 APR 2020
... sold Diversa and CCSL Trustees business to Sargon Capital for $43 million and was owed $31 million when Sargon's Chinese lenders sent administrators to the company looking to recover their debts. Sargon Capital has since been put into liquidation. OVH ...

Please be aware of the nearest exit

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
... according to Gammel. He said a single document can be used to explain the business' position to the ATO, banks and other lenders, landlords, key suppliers and investors, ensuring consistency of approach. "The ATO is willing to accommodate reasonable ...

Business unusual: COVID-19 threats facing real estate

ALLY SELBY  |  THURSDAY, 2 APR 2020
... many. On a macro level there are the logistical challenges of completing due diligence, tenants are pausing leases and lenders can't underwrite loans without accessing the property." Despite this, Kellenberger is positive that "things can turn out ...

Will COVID-19 infect mortgages and RMBS?

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
... close relationship with US President Donald Trump - warned that banks, publicly-traded mortgage REITs and other non-bank lenders could find themselves in a precarious situation. He added that the action of these institutions i n the coming weeks and ...