Video Transcript
They can access cash through a variety of means. One might be traditional bank debt, another option might be to invest money into their business themselves. But those two options may be difficult because we know with traditional bank debt, particularly post the royal commission is very difficult to access any sort of bank debt from from traditional banks. A lot of business owners are reluctant to put their own personal wealth into their business because that’s the separation of business and personal wealth. So what are there other options? Well, that’s where invoice finance, or trade finance, import finance if they’re an importer of product or an online loan from one of the online lenders that have come into the market in the last five, or six years, the Fintechs.
