ATO Collecting Debts Again: Here’s What That Means for Aussie Businesses

With the Australian Taxation Office resuming tax debt collections early last year and supply chain issues continuing to bite, many businesses have been looking for ways to improve their cash flow.

That’s why far more companies are turning to invoice financing, OptiPay chief executive officer Angus Sedgwick told Yahoo Finance.

This is a type of business financing that allows businesses to borrow money from a lender while they wait for their customers to pay invoices.

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