Australian SMEs are eager to grow their business, hire more staff and invest in their expansion.

Yet despite this desire for lending, one in four SMEs were knocked back when they applied for a loan.

Judo Bank co-founder and CEO Joseph Healy says business owners are frustrated by a lack of certainty around finance, and that the challenger bank is committed to closing the funding gap.

“Small businesses feel that the banking system has hit them with triple-U virus: unloved, unwanted, and undervalued,

“That has to change if we’re going to get the momentum into the economy that we need into 2022,”

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