Australia-based SME challenger bank Judo Bank has formed a partnership with InfraRisk, a supplier of credit management solutions to boost SME lending.
Infrarisk is a wholly-owned subsidiary of Pintec Technology Holdings. Judo Bank claims it is the first challenger bank focused on serving small and medium-sized enterprises (SMEs) financing needs in Australia and has been granted a full banking license as an authorised deposit-taking institution (ADI) that has allowed it to launch full deposit-taking capabilities.
Judo offers business loans, lines of credit with variable rates, equipment loans to assist funding of business equipment or vehicle purchases where a charge is taken over the asset. The Australian challenger bank also provides finance leases to assist funding of business equipment or vehicle purchases on a lease arrangement.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.