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 […]
Four Possible Reasons Behind Cash Flow Problems
There is a wide array of different reasons why a small business might need access to extra incoming cash at any particular moment. Sometimes, they need to deal with a sudden-yet-important extended supplier payment. Other times, they’re just looking for new ways to better deal with seasonal cash fluctuations. Often, they’re dealing with customers […]
Funding vs. Lending: understanding the difference
There is a wide array of different reasons why a small business might need access to extra incoming cash at any particular moment. Sometimes, they need to deal with a sudden-yet-important extended supplier payment. Other times, they’re just looking for new ways to better deal with seasonal cash fluctuations. Often, they’re dealing with customers […]
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 […]
Letter of Credit vs Bank Guarantee – What’s the Difference?
Finance is undoubtedly not the easiest subject to understand, even for those who’ve been in the industry for years. As a business owner or leader, getting your head around financial tools at your disposal is essential to making sure you have suitable systems and providers in place to accomplish your organisation’s goals. Large corporations have […]
Invoice Finance is Driving the Growth of Australian Businesses
SMEs are engines of economic growth in Australia as the sector contributes significantly to the country’s market and employment. According to Australia’s Bureau of Statistics (ABS), 99.8% of businesses in Australia (by count) are small to medium-sized enterprises. For SMEs to continue to thrive, they must have the cash flow to continue their operations. The […]
What Should Your Next Steps Be After Securing an Invoice Finance Facility?
Invoice finance is an excellent tool for growing businesses to free up cash flow to improve your small to medium enterprise (SME). You’ve gone through the process of applying for a facility or are seriously considering it, and you’ll soon have the cash you need. The good news is that the application process was probably […]
Ways to Grow Your Small Business on a Tight Budget
It’s quite challenging to keep a business going when you’re on a tight budget, but it can be done. Small business owners are working in a harsh environment. That’s why planning is always a crucial part of any organisation, big or small. Growth isn’t easy, and there is no pressure to get everything right straight […]
Vital Industries That Love Invoice Finance
As the economy rebounds from the impacts of COVID-19, we are seeing the outstanding opportunities presented from accelerated technology adoption and new ways of working. Financing is a hot topic, given the banks limited capacity to lend to businesses as well as the rise of online lenders and new product lines. One increasingly popular financing […]
Winning in Business: How to Beat Your Rivals in Small Business
Competition is healthy for your business. It motivates you to become better, pushing you to innovate and change your “old” strategies to new ones so you can stay ahead of the curve. Yet beating the competition is easier said than done. There’s no simple answer or solution on how to beat business rivalry. It is […]