Phil Druce, COO of Lend Capital, discusses the different types of finance options available to small businesses in the final part of his blog series.
Lending Insights is an industry first. Learn more about the tool that gives finance businesses and lenders data and visibility over borrowers who are loan stacking.
Ready for a good news story? We chat to Diane Tate, CEO of the Australian Finance Industry Association (AFIA), to find out how Aussie businesses and the finance industry are innovating during COVID-19.
Many small business owners find themselves half way into the new financial year before they realise they’ve only got a vague idea of their business resolutions for the year. And, with almost half of small business owners across Australia working six or seven days a week, it can be hard to find the time to […]
The fundamentals are clear. Small business in Australia needs finance to grow and capture market opportunities. However, there are over 2.1 million small businesses in Australia with a potential $10 billion per annum growth-funding requirement, not being fulfilled by banks. Banks consider many SME borrowers a bankable risk but they generally lend based on real […]
We all start the new year with the usual well-intentioned resolutions (lose weight, get fit, find love…) but after a few weeks (or sometimes, hours) we are back to our old habits. In 2017, more than any other year, the outlook both nationally and globally is uncertain. Will the Turnbull Government’s one seat majority last? […]
Cashflow is the lifeblood of any business and more SMEs have been destroyed through cashflow issues than from any other cause. The last thing you need is to be stressing about whether you have enough cash to pay your own suppliers when you should be running your business. So, you’re not ready to hire an interim […]
Two in five SME owners either operate multiple businesses or plan to, according to new research from MYOB with Tim Reed, the cloud accounting provider’s CEO, declaring “the great Australian entrepreneurial spirit is alive and well.” Findings from MYOB’s latest SME Snapshot – a survey of 589 business owners – indicate that a quarter of […]
Visibility into working capital is essential to manage cash flow and ensure a business can remain sustainable, yet research shows that companies frequently miss quarterly working capital forecasts by up to 23%. Organisations must address this inaccuracy as a matter of urgency, as working capital is a measure of the operating liquidity of an organisation […]
In today’s always-on, always connected world, the swift and immediate provisioning of goods and services is no longer a nice-to-have, but an absolute necessity. Small business owners, just like consumers, are becoming far more empowered, connected and informed than ever thanks to the accessibility of information anytime, anywhere. The result? They enjoy almost infinite variety […]