MELBOURNE, Australia, Feb. 24, 2023 (GLOBE NEWSWIRE) -- A rising number of people are switching jobs and industries, moving from traditional to non-traditional roles, and even starting their own businesses.

According to the Australian Banking Association (ABA) 2022 SME Lending Report, the number of self-employed people rose 10% to 1.55 million in the year to June 2022. In the same period, the number of Australian small businesses also grew 3%. The ABA also found that of those SMEs intending to secure added business finance, the main purpose was for cashflow or working capital.

As a leading lender, Liberty has long demonstrated a strong commitment to supporting business borrowers with all kinds of financial circumstances.

According to Head of Communications Kate Jenkinson, Liberty's flexible business solutions cater to the unique needs and circumstances of business owners.

"At Liberty, we believe personal work and lifestyle choices do not have to limit your financial options," Ms Jenkinson said. "Our business solutions offer flexible ways for self-employed borrowers to verify their income levels and access the funds they need."

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