Liberty Supports Self-Employed Australians in Building Successful Businesses
The Australian self-employment landscape is on the rise, with more individuals opting to start their own businesses or switch to non-traditional roles. In response to this trend, Liberty is stepping up to support these entrepreneurs by providing the necessary funds to help them build successful ventures.
According to the Australian Banking Association (ABA) 2022 SME Lending Report, the number of self-employed individuals in Australia increased by 10% to 1.55 million in the year leading up to June 2022. Additionally, the number of small businesses in the country grew by 3% during the same period. The report also highlighted that many SMEs are seeking additional business finance for purposes such as cash flow and working capital.
As a leading lender, Liberty has been at the forefront of supporting business borrowers with diverse financial circumstances. Kate Jenkinson, Head of Communications at Liberty, emphasized the company’s commitment to providing flexible business solutions tailored to the unique needs of self-employed individuals.
Liberty offers a range of business loans, including lines of credit and secured options, to help small businesses of all sizes thrive. By adopting a personalized and innovative approach to credit assessment, Liberty can assist Australian businesses in securing the funding they need, even those with lower credit scores.
In a challenging economic environment marked by inflation and fluctuating interest rates, Liberty’s specialist credit assessment practices can provide much-needed support to business owners. Whether entrepreneurs require a financial boost or additional cash flow to expand their operations, Liberty is dedicated to helping Australian businesses succeed.
It is important to note that lending criteria, fees, and charges apply to Liberty’s services. Liberty Financial Pty Ltd and Secure Funding Pty Ltd, trading as Liberty Financial, are committed to empowering Australian businesses through their comprehensive financial solutions.
With Liberty’s support, more Australians are seizing the opportunity to pursue their entrepreneurial dreams and build thriving businesses in today’s dynamic market.