Cash Flow vs Asset-Based Lending: Key Differences
Almost every business will access borrowed capital at some point throughout their lives. No matter what stage your company is at, external funding provides the liquidity you will need to pay your bills, secure new suppliers and market your goods and services to new customers. As you set out to secure funding, whether it is […]
5 Key Metrics to Monitor the Health of Your Business
Video Transcript People elect to be self employed business owners for a variety of reasons. Some inherit a family business, others may have a passion that they want to turn into a business such as a fitness training business, others just might want to work for themselves and not have a boss, whilst others […]
How to Choose an Invoice Finance Provider
Video Transcript If you think invoice finance would be a great solution for your business, it’s time to look at individual providers. When choosing a provider, consider their ability to service the business of your size, location and industry. Once you’ve established this, make sure you ask the following questions. How flexible is their […]
Manufacturing is Alive and Well in Australia, Although the Industry is Changing
Many people believe that the manufacturing industry in Australia, and much of the Western world, is experiencing a significant structural decline. We don’t demand physical goods in the same way as we used to and instead, increasing our purchases of digital products, data and intangibles. Some may even predict a future where almost nothing physical […]
Australia’s Best-Kept Cash Flow Secret
Video Transcript The use of invoice finance as an effective business funding solution is growing year on year around the globe. While increasing at a rapid rate internationally invoice finance has not had the same penetration in the Australian business funding market. Invoice finance accounts for about 4% of Australia’s GDP, compared to over […]
How to Protect Your Cash Flow and Plan Ahead for Business Success
Regardless of the business or industry, growing sales while limiting expenses may not the be-all and end-all many think it is. While striving to improve profits is an important goal, cash flow is often a better measure of business success. Profit is an essential accounting measure however, it is cash that pays the bills. The […]
Will Invoice Finance Make My Business Look Weak?
Video Transcript The use of the invoice finance is NOT a sign to your customers that you are struggling financially or doing it tough. In fact, invoice financing arrangements are increasingly common and viewed favourably by large customers. as they have the assurance that your business has the access to cash you’ll need to […]
Will My Clients Know I’m Using Invoice Finance?
Video Transcript Yes, your customers will know that you’re receiving funding against the invoices you’ve issued to them as they will be asked to verify the invoices. However, invoice finance has become such an accepted part of commercial business these days that it won’t be unusual to them. With thousands of Australian businesses turning […]
Why Cash Flow is a Leading Cause of Small Business Failure
Starting a small business is an incredibly exciting thought that most people have thought about doing at some point or another. Australian entrepreneurs are incredibly motivated by the desire for independence, with over 57% (the highest in the world) of all business owners citing it as their reason for starting. Running your own business means […]
Why Invoice Finance is Better than a Business Loan
Video Transcript Invoice finance carries many advantages over a business loan. As a revolving facility based on the value of the sales, with no fixed repayment period, you have the flexibility to draw down and use the facility only as required by your cash flow demands. There are no fixed fees, such as upfront […]