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Source: MIL-OSI Submissions
:start Source: Commonwealth Bank of Australia

Thursday, 27 August 2020: Thousands of CBA’s small business customers* can now apply for, and access, new loans in as little as 20 minutes, with BizExpress Online – the bank’s pioneering fast-speed lending system which is now available through Netbank and the CommBank app.

Eligible small business customers can receive a real-time credit decision and have the funds (up to $50,000) credited in their account within 20 minutes.

This digital transformation of CBA’s BizExpress product has been fast-tracked to help small businesses get immediate access to funding to support and grow their operations as the country looks to recover from the worst effects of the coronavirus pandemic.