Commonwealth Bank of Australia has launched a service to help small businesses get finance.
In Brief:
-
BizExpress online is available through Netbank and the CommBank app.
-
It will offer small businesses fast credit decisions for up to $50,000.
-
BizExpress was previously used internally bit now customers can use it to get fast decisions.
What does this mean?
The service has been made available as small businesses in the country deal with the impact of Covid-19 and hope to recover. Now, the solution not only offers a simple and fast lending experience, but enables customers to self serve.
