Falcon Group’s Paul Mitchell explores the rise of non-bank lending in Australia in The Global Treasurer

Writing for The Global Treasurer, Paul Mitchell, Managing Director, Australia and New Zealand at specialist financier Falcon Group, explores the rise of non-bank lending in Australia in light of tightening regulations affecting banks globally.

Despite entering its 25th recession-free year, Australian banks are not exempt the issues affecting the international banking market, and as a result, key areas of the economy – like agriculture and infrastructure – are going unfunded.

As such, alternative finance providers are stepping in, offering corporates a more diversified approach to financing their needs. These lenders are increasingly in demand, with the Australian market alone standing at $610m according to recent figures – overtaking Japan to become the second largest alternative finance market in the region.

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