SME Finance Options: Part One
Phil Druce, COO of Lend Capital, makes his debut on the CreditorWatch blog with Part 1 of an insightful series designed to help small businesses understand the types of loan products available to them.
Four Ways to Better Manage New Customers and Reduce Business Credit Risk
Matt Jackson, GM of CreditorWatch, discusses why solid business relationships are so important to preserve your bottom line. Read more for his top four tips on how to identify and deal with a risky customer.
Leveraging Trade Payment Data in the COVID-Impacted Economy
Neill Borg, CreditorWatch's Enterprise Accounts Director, discusses how you can use trade payment data to identify hidden risks to your business during COVID-19.
Adverse Cross Directorships: Mitigating Director Risk
It's official: Director Identification Numbers (DINs) will now be assigned to all company directors to improve accountability and prevent illegal phoenixing. Learn how CreditorWatch is helping in the fight with our feature Director Due Diligence.
Small Business Risk Review Quarter 3, 2019: Topsy-turvy business conditions endure
Looking for data on Quarter 4? Read how the retail industry has fared at the end of 2019. CreditorWatch’s Small Business Risk Review for Quarter 3, 2019 highlights a large increase in the value of court actions in Queensland, concerning change for Western Australia and an increase in insolvencies across Australia. Quarter 3, 2019 continued […]
Court actions increased in FY2019 in comparison to FY2018
Performing due diligence is more important than ever Court actions increased in FY2019 across all states, with the exception of WA, by 18% volume and 13% dollar amount. Victoria took the lead with the highest amount of court actions, followed by New South Wales. Victoria had the highest dollar amounts in July 2017 and April […]
More Resources to Support Small Business Growth Have Been Launched
This industry-first Business Funding Guide aims to help Australian small businesses tackle the funding crisis The guide is primarily aimed at SME trusted advisors like accounts receivables and financial modelling professionals to help small business owners find the right funding and increase their likelihood of having funding approved. The guide was developed by the Australian […]
Tax Debt Transparency Back in Parliament
Would you like to know when a customer has a significant tax debt with the ATO? A government proposal to allow the ATO to share information about business tax debt to credit bureaus like CreditorWatch was re-introduced to parliament this week. The legislation would improve the ATO’s ability to address the $10 billion small business […]
Three business habits to embrace in the new financial year
Prepare for a successful new financial year The new financial year is always a popular time to kickstart positive habits, and for small business owners, this applies just as much to the fiscal year as the calendar. With FY2020 just one week away, now is the opportunity to set clear goals and commit to business […]
How to choose the right funding option for your small business
Maintain your cash flow as a small business owner The right funding option can keep your small business moving and enable you to seize new opportunities to grow. Capital is key, but it’s important to consider the appropriate finance solution for your specific needs as no small business is the same. There are a lot […]