Australian SMEs Rejoice for Andrew Spira's Fintech Venture Skyecap | HackerNoonSkyecap transforms SME funding in Australia by leveraging technology for fast, flexible lending solutions.The company has rapidly expanded due to increasing demand for accessible capital among SMEs.
Treasury's bank referral scheme falls flat, securing loans for only 1 in 20 small businessesThe Treasury's referral scheme has secured loans for only 5% of small business referrals, highlighting significant issues in its effectiveness.