Good news for business owners — the lending landscape is becoming more competitive, and that could work in your favour.
Recent data from the Reserve Bank of Australia shows lending conditions have eased, with average variable business loan rates dropping by around 0.85% in 2025 — even more than the cash rate reduction over the same period.
At the same time, non-bank lenders are stepping up, especially in areas where traditional banks have been more restrictive. This means greater access to funding and more options for SMEs.
What this means for your business:
Opportunity to refinance existing loans Restructure facilities for better flexibility Access lenders with different risk appetites Potentially secure better rates or terms
With lenders competing more aggressively, you might now qualify for options that weren’t available before.
A quick review of your current loan could uncover ways to reduce repayments or improve flexibility.
Keen to see what other lenders might offer? Let’s run through your options together.
Terms, conditions, fees and charges apply. Applications are subject to credit approval.
