Liberty Backs Support for SMEs with Business Loans

As the Australian government extends their support for SMEs, Liberty offers lending solutions to help them thrive. Small businesses will benefit from a new federal bill, which allows asset write-offs and reduces compliance costs.

Kate Jenkinson, Liberty's Manager of Group Communications, praised the bill. She emphasized that non-banks like Liberty can provide more flexible loan options. These loans can support start-up costs, business expansions, or operational upgrades.

Liberty understands that SMEs need tailored financial solutions. Jenkinson highlighted that a business loan could cover new premises, inventory, or bridge cash flow gaps due to delayed client payments. Quick turnaround times and flexible funding are crucial for SMEs to remain competitive.

Liberty's holistic approach considers the unique needs of each business. This flexibility aids in providing timely, personalized lending solutions. For 27 years, Liberty has supported Australian SMEs with secured and flexible loans, recognizing their critical role in the economy.