-->

CreditorWatch Blog

3 Steps to Minimise Business Worries This Holiday Season

3 Steps to Minimise Business Worries This Holiday Season

The holiday season can be a stressful time for small business owners. While many Aussies around the country are happily switching on their ‘out of office’ and heading straight to the beach, this time of year is a little different for those who run their own business. According to new research commissioned by Prospa, almost […]

Read More

7 Ways to Unlock Cash Flow with Better Inventory Management

7 Ways to Unlock Cash Flow with Better Inventory Management

After 12 years working in lending, I’ve had many experiences of a customer needing to urgently increase their overdraft. The cause was nearly always a purchase that left the company unable to make payroll. In serious cases, we had to restructure their loans because they lost control of their stock, leading to penalty interest and higher […]

Read More

Creditors: 4 ways to defend a liquidator’s unfair preference claim

Creditors: 4 ways to defend a liquidator’s unfair preference claim

What is an Unfair Preference? Essentially, an unfair preference is when a creditor, within the six months before a company goes into administration or liquidation, receives payment(s) from that company that is more than they would receive if the payment(s) hadn’t occurred and they proved for their full debt in the liquidation. The “unfair preference” […]

Read More

Credit Enquiries: Changes and Additional Features

Credit Enquiries: Changes and Additional Features

CreditorWatch has made changes to its Credit Enquiries widget which have made it more accurate and provides businesses with further information.    The most notable change to the widget is that the calculations have changed. Instead of viewing the number of credit enquiries in all time, they are now calculated over a 5-year period. The […]

Read More

CreditorWatch Reaches New Heights in Risk Reduction

CreditorWatch Reaches New Heights in Risk Reduction

CreditorWatch reached new heights in risk reduction, but this time, it wasn’t credit related. This time, it ironically involved the risky endeavour of abseiling down a building to reduce the number of Australian young adults in crisis. Very brave members of our Sydney CreditorWatch team participated in the 2018 Abseil for Youth. Suzie Berry, Stirling […]

Read More

A Positive Third Quarter for Australian Small Businesses

A Positive Third Quarter for Australian Small Businesses

CreditorWatch’s Small Business Risk Review for Quarter 3, 2018, shows an improvement in conditions for the majority of Australia in comparison to Quarter 3, 2017. Download our infographic Court actions and dollar amounts have decreased from last year’s third quarter for all states except Victoria. Western Australia has seen its court actions and judgements decrease […]

Read More