As AI adoption booms, Liberty has business lending solutions to support SMEs to embrace future technology.

MELBOURNE, AUSTRALIA / ACCESSWIRE / October 9, 2024 / Google Australia's 2024 Economic Impact Report highlights a significant economic boost, estimating that AI could add $280 million in economic benefits to Australia by 2030.

The report suggests that businesses implementing AI could gain from enhanced data insights, improved efficiency, and greater productivity.

Understanding the importance of investing in AI, non-bank lender Liberty offers a range of free-thinking business loans designed to support small businesses in adopting new technology and achieving their goals.

Manager ─ Group Communications, Kate Jenkinson emphasises the potential of business loans to empower small business owners to seize new opportunities.

"We understand that integrating new technology like AI often takes a backseat to other pressing tasks for business owners. A business loan could support them to focus on growth."

A business loan can be the catalyst for small businesses to say ‘yes' to exciting growth opportunities, including adopting more sophisticated technology that goes beyond basic generative AI.

"Aside from adopting new technology, a business loan is an excellent tool for growing a business," says Ms Jenkinson.

Whether it's financing commercial property, funding new inventory or equipment, acquiring another business, or supporting cash flow, Liberty's free-thinking business loans can help business owners reach their goals.

Recognising the need to act swiftly to seize new opportunities, Liberty offers quick turnaround times and flexible loan options to help small business owners act fast.

Liberty recognises that small businesses are unique and takes a comprehensive approach to tailor a lending solution that suits a business' specific circumstances.

"Non-bank lenders like Liberty often have the flexibility to help business owners get approved and tap into funds quicker than traditional lenders. Even for borrowers who may not have the full financial documentation often required for a loan," Ms Jenkinson said.

For over 27 years, Liberty has been proud to support business owners in securing the funds needed achieve to their goals.

About Liberty

As one of Australia's leading non-bank lenders, Liberty offers innovative solutions to support customers with greater choice. Over more than 26 years, this free-thinking approach to loan solutions has seen more than 850,000 customers across a wide range of home, car, business and personal loans, as well as SMSF lending and insurance products. Liberty remains the only non-bank lender with an investment-grade credit rating offering custom and prime solutions to help more people get financial.

Approved applicants only. Lending criteria apply. Fees and charges are payable. Liberty Financial Pty Ltd ACN 077 248 983 and Secure Funding Pty Ltd ABN 25 081 982 87 2 Australian Credit Licence 388133, together trading as Liberty Financial.

Contact

Kate Jenkinson
Manager - Group Communications
P: +61 3 8635 8888
E: mediaenquiries@liberty.com.au

SOURCE: Liberty