Borrowing from Your Business: The Rules are Changing but the Dangers are Ever Present
Division 7A is the framework for Australian business owners who wish to borrow from a business that they own, fully or in part. This might
The OptiPay blog is a useful resource to assist you fully appreciate the benefits of innovative business
funding solutions. We post regular contributions from business leaders, as well as case studies, industry
news, and tips and tools from our OptyiPay experts.
Division 7A is the framework for Australian business owners who wish to borrow from a business that they own, fully or in part. This might
Over the last few weeks we’ve looked at a long list of obstacles that Australian SMEs face when wanting to offshore some of their manufacturing
Last week we looked at the savings that can be made by shifting manufacturing from Australia to cheaper countries and the difficulties that stand in
Australia has a proud tradition of high quality manufacturing but for many years it has struggled to compete on cost with lower-wage economies such as
You’ve pitched your idea; done your research; maybe you quit your job and re-mortgaged the house. The first two years you made almost no money,
It can be a daunting task to find a way to achieve growth when a larger competitor is dominating your market. It feels like anything
Offshore product sourcing and shipping are the twin scourges of many an Australian SME. They are expensive and play havoc with cash flow; they are
Becoming an exporter has always been a major step forward for any business, and today’s ambitious SMEs are no exception. However, while global markets still
John purchased a building services business a year ago and with our help has successfully transformed the business through: Right sizing their operational costs Increased
OptiPay offers several different funding solutions and services, one or more of which charges no interest and has no long lock in contract period, called the Fully Flexible funding option. Conditions, fees and charges apply to some of the Services provided, which may change, or we may introduce new ones in the future. Full details for all funding options (Services) including any fees and charges which may apply, is available on request. Lending criteria apply to approval of credit products. This information does not take your personal objectives, circumstances or needs into account. Consider its appropriateness to these factors before acting on it. Read the funding agreements provided, for your selected funding solution (product/service), including all the Terms and Conditions contained in agreements provided, before proceeding. *T&Cs: Minimum 12-month invoice funding contract with OptiPay. Direct clients only, offer doesn’t apply to broker introduced clients. All standard credit terms and conditions apply including credit assessment. Not applicable to existing clients.