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
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.
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
Australian businesses are drowning under $76 billion worth of unpaid invoices. Our SME Cash Flow Crisis Report released on the 30th January, shines a light
Small business cash flow crisis costing Australian economy $76 billion AUSTRALIA’s two million small and medium sized enterprises (SMEs) are drowning in a sea of
Late payments are the biggest issue Australian SMEs face. With $26 million owed in unpaid invoices averaging around $13,200 each, these businesses spend over 12
You can easily find yourself lacking working capital, which is one of the biggest contributing factors to the failure of one in six SMEs. Here’s
These are the industries making Australian businesses wait the longest for invoice payments. Labour hire Manufacturing Mining services Commercial property services Construction Below we investigate
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.