Tradeplus 24
Finance · 11-50 Employees
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Overview
Website
www.tradeplus24.com.auRevenue
$12.2 MillionIndustry
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Tradeplus 24 Tech Stack
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Tradeplus 24 News & Media
Australia vs UK: Why the land of oligopolies is costing Aussie SMEs $291bn
SYDNEY, Nov. 22, 2021 /PRNewswire/ -- Global SME lending fintech Tradeplus24 believes an entrenched lack of competition and predatory lending industry practices is leaving Australian SMEs underfinanced to the tune of $291 billion through invoice financing alone, when compared to UK SMEs. Tradeplus24 calculations compared invoice finance volumes as a percentage of GDP in Australia (3.9 percent or AU$75 billion) versus the UK (19 percent or AU$366 billion), in reaching the $291 billion figure. Tra
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Frequently Asked Questions Regarding Tradeplus 24
Tradeplus24 Australia (www.tradeplus24.com.au) is an alternative lending fintech company that provides Australian SMEs with a unique receivables-backed line of credit solution at loan sizes between $200,000 to $3 million. It launched in 2019 in Australia to address an $80 billion credit undersupply to Australian businesses, allowing SMEs to manage... Read More