What are the Benefits of Invoice Finance?
Video Transcript The benefit of bringing forth the cash flow from down the track to today is that you’re obviously, as soon as you’re delivering the services or selling the goods to your customers, you’re accessing that cash. You’re getting access to that cash, rather than have it sitting as an asset on your […]
Invoice Finance Companies are Not Debt Collections Agencies
Invoice financing and debt collection are two disparate things that frequently get mistaken for one another. Though the two really have nothing to do with each other, misunderstandings abound. As such, it is a good idea to review the roles of financing companies and debt collection agencies, how they are different, and the common reasons […]
What are the Issues for Small Businesses in “Growth” Phase?
Video Transcript The main issue faced by businesses in their start up phase, which is say from start up to the first three years which is the real crux and we know the statistics that, unfortunately, eight out of ten businesses fail in the first three years. The impact on the Australian economy to […]
The Difference Between Profit and Cash
Video Transcript The difference between profit and cash, and it is a very important distinction that business owners must understand because as soon as they make a sale, it goes through the accounts as revenue. But they may not see the actual cash into their bank account for that for 30, 60 or even […]
Keeping a Business Afloat During a Rough Patch or Even During High Growth Can be Difficult
Every business goes through rough patches — times when money is tight, and you’re wondering how you’ll get through the coming weeks to pay for operating expenses, and wages. Research shows that more than half of all start-up businesses will fail within four years. Insufficient capital is the key reason that businesses fail. A lack of […]
What are the Issues with a Business Loan?
Video Transcript So the issue with a business loan and look, they’ve got their purpose and they are very good. If you need a business loan to go and buy a piece of capital equipment or to upscale the business to take on a new project, then it may well serve its purpose. But the […]
Alternative Funding Has Earned its Place in the Mainstream
As a mortgage and/or finance broker, what do you understand by the term ‘alternative finance’? For some people, it just means conventional loans from non-bank sources. Others view the term with suspicion, or think of new-fangled fintech formulations that are not for them or their clients. In fact, the term is something of a misnomer […]
What is Invoice Finance?
Video Transcript Invoice Finance, also known as receivables finance or debtor finance, allows a business to unlock the cash that they have tied up in their invoices, that they have issued to their customers for goods or services that they have delivered on credit terms. Simply put, it converts current unpaid invoices into cash, […]