Archive for 'Cash Flow'
SME Construction Sector Big Winner In Federal Election
Now there’s a choice…It hasn’t been a stellar year for the civil and construction sector. A combination of poor weather and a looming federal election has put a lot of projects on hold and slowed the issue of new contracts. Irrespective of which party wins the Federal election, this sector should enjoy some movement, particularly at the big end of town.
How SMEs Get To Pay For Other Peoples Mistakes And Help The ATO At The Same Time
The mythical phoenix’s flame may be finally burnt out by the ATO…
SMEs to be charged for setting up a new business
Life get’s even tougher for start-ups
Employee creditors have to wait their turn
I turned 48 last week. Pretty happy about it too. On the whole, life’s pretty damn good. Take this morning. I played tennis from [...]
Why Small Contractors Don’t Have To ‘Walk The Credit Line’
The sun hasn’t exactly been shining on small contractors in the construction sector of late. Months of poor weather has delayed projects and the prospect of the federal election has made developers and government departments antsy about starting new works.
Subsequently the cash pool is getting very low. Many are talking a big game post election, [...]
Why Community Banks Are Better Than Community Batts
Chirp! Time to Flee the Coop! Small Business Need to Seek Help Elswhere! Banks don’t want to play in the segment, because it’s high maintenance and low return. They’ll stick with home loans. Talking about which, it’s soon going to be even harder to borrow against your home, the traditional fallback for small business…
Why SMEs Have To Look Outside The Box For Funding
It’s time for business owners to venture outside the banks…Pre-election time in Australia. A sit and wait time for business. Both sides talking a big game. But what will come of it? Probably not much. Things will almost certainly settle-down a bit. There may be an increase in projects related to infrastructure, but the outlook, particularly for SMEs, is not rosy.
How SMEs Can Bank On Floating Assets and Imagination
Australian Banks aren’t immune to further attacks from the GFC…
A read recently about Tony Abbott’s pitch for a small-business ombudsman. Basically a harmless piece of pre-election lobbying. A gentle, thirty second grab on the six o’clock news. Fluff!
According to estimates by the Bank for International Settlements, banks worldwide owe nearly $5 trillion to bond holders [...]
Why A Fall In Interest Rates Won’t Help SMEs
According to some new research from JPMorgan and Fujitsu, banks are more now more willing to finance SMEs.
Gee, isn’t that big of them!
Martin North, Executive Director industry group, Fujitsu Australia & New Zealand, claims risk ratings are now “more realistic” (than they were during the GFC) and banks “won’t increase interest rates at different levels [...]
How To Accrue Profit With Purchase Order Finance
PO Funding, is it a Voodoo financing option? Lack of affordable capital. The curse of small business. It stifles start-ups. Established enterprises struggle to expand without it. Banks will go above and beyond for larger enterprises where alternate forms of funding are de rigueur. Like a restaurant changing its menu for a celebrity diner. But for SMEs…
How You Can Use Purchase Order Finance to Impress Your Friends
Don’t get left behind in business…new funding options are the key to growth. This may come as a surprise to many SMEs, but there are products available that can fill some of the capital finance gaps they face. Traditional instruments such as documentary credits and lines of credit are often only available to larger, established clients of banks…
How To Grow Your Business Without Strings Attached
Don’t get tempted to give up your equity just yet…
Since the GFC, banks have hit the reset button on lending to small business, especially to start-ups. So, unless you have assets, like real estate, you’re going to find it tough to get funding from a traditional lender.
More to the point, after you’ve exhausted traditional loan [...]
How Late Payments Are Damaging SMEs Credit Profiles
Beware the silent killer…late payments: Bills. They sit on your desk. They’re seemingly inert, but remarkably powerful. You’re stomach starts to do ‘The Lambada’ as you sift through them. You mentally prioritize who gets paid first. Experience guides you in this decision making process. Unfortunately, your process could be flawed…more
How Unstructured Growth Can Kill SMEs
Good times can also bring problems. The financial rumor mills are at it again. A quick surf today revealed warnings that the ATO is set to take an aggressive stance toward SME debtors after remaining somewhat passive during the GFC. None of the articles, mind you, explored what types of SMEs were most at risk.
How To Develop A Basic Cash Flow Strategy For Small Business
Middle class Australia, where the poodles run free!
I like small business. I like the people that work in it. They’re real. Most corporations are sheltered workshops for the middle classes.
The people that work in them use a lot of hair product, gad about in 4-wheel drives during the week and talk about global warming, private [...]
Will Glenn Stevens Follow Ben’s Lead & Stand Up For SMEs?
Put your hands up for Detroit…
Last Thursday in Detroit, Ben Bernanke spoke frankly about the plight of small business in the US. “Encouraging lending to small businesses that are well positioned to pay is a positive, not a negative, for the safety and soundness of our banking system,” he said.
Mmmm…this sounds like it might have [...]
AR Cash Flow Launches Bridging Finance Product
New Bridging Finance option…it’s truly no bull! AR Cash Flow has launched a new bridging finance product aimed squarely at the SME market. According to AR Cash Flow’s National Sales Manager, Daniel Dunsford the banks inability to provide cash quickly and the high interest rates charged by caveat lenders created a product gap which he believes AR can fill.
