Invoice Financing vs Traditional Bank Loans: Which is Right for your Business?
When it comes to financing your business, there are many options available. Two of the most common financing solutions are invoice financing and traditional bank loans. While both of these financing options have their advantages and disadvantages, it’s important to consider which option is right for your business. In this article, we’ll explore the differences […]
The Role of Technology in Invoice Finance and How it’s Changing the Industry
In recent years, technology has revolutionized the finance industry, and the invoice finance sector is no exception. Invoice finance, which includes factoring and invoice discounting, is a form of financing where businesses use their unpaid invoices as collateral to access funds. Technology has played a significant role in changing how the invoice finance industry operates, […]
The Differences Between Factoring and Invoice Discounting and Which One is Right for Your Business
As a business owner, one of the most crucial aspects of managing your finances is managing your cash flow. If you have customers who take a long time to pay their invoices, it can create a cash flow gap that can be difficult to fill. This is where factoring and invoice discounting can help. Both […]
The Benefits of Invoice Financing for Seasonal Businesses
As a seasonal business, managing cash flow can be a major challenge. During peak seasons, revenue flows in at a steady pace, but during the off-season, it can be difficult to maintain the same level of cash flow. This is where invoice financing comes in handy. Invoice financing, also known as invoice factoring, is a […]
The Benefits of Invoice Finance for Small Businesses and Startups
As a business owner, you are likely familiar with the concept of cash flow management. In order to keep your business afloat, you need to have a steady stream of income. However, when your customers take a long time to pay their invoices, it can create a cash flow gap that can be difficult to […]
How to Choose the Best Invoice Finance Provider for Your Business Needs
Invoice finance is a popular financing method that allows businesses to access funds by leveraging their unpaid invoices. It is a flexible and quick way of generating cash flow for businesses of all sizes. However, not all invoice finance providers are created equal. Choosing the best invoice finance provider for your business needs can be […]
The Basics of Invoice Finance: How it Works and Why it’s Beneficial for Businesses
Invoice finance is a popular financing method that allows businesses to access funds by leveraging their unpaid invoices. It is a flexible and quick way of generating cash flow for businesses of all sizes, and it is becoming an increasingly popular way of managing finances. In this article, we will explore the basics of invoice […]
Ways Your SME Can Manage Lockdown and Minimum Wage Increases
There’s a lot going on in Australia, and it doesn’t look like the challenges will be fully abated anytime soon. With much of the population back in lockdown, and state borders are closed, businesses of all sizes are struggling to make it through. A select few are thriving, but most simply are not. In addition, […]
Finding the Right Level of Liquidity in Your Business
We often talk about working capital and sufficient cash flow being two of the most important factors to monitor when running a small to medium enterprise (SME). Without both of these working in your favour, running your business will hit a roadblock – it’s like driving the handbrake on or worse, without enough fuel in […]
Solving the Australian SME Credit Squeeze
Small to medium enterprises (SMEs) in Australia are increasingly finding difficulties in obtaining appropriate finance. There are a range of reasons why this is the case, although it certainly became a serious concern a few years ago, in the wake of the Royal Commission into financial services. The RBA has consistently found data to support […]