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Finance Specialist: How the pandemic sparked the new wave of borrower
Published 11 months ago
Description
The COVID-19 pandemic acted as a catalyst for many Australians to venture into self-employment, whether as contractors, sole traders, or small-business owners. However, many traditional lenders have struggled to accommodate these borrowers.
In a special episode of Finance Specialist, the usual duo are joined by RedZed's national commercial BDM Craig Stuart.
Here, the team discussed the increasingly important need for alt-doc solutions and how non-banks have met this demand.
As self-employment grows and commercial property gains traction, brokers must stay informed to capitalise on emerging opportunities.