Archive for 'Featured'
Why Mickey And Donald Are Goofy For Project Finance…And You Should Be Too!
Project Finance is not just for the big boys at Disney, finance up to $1,000,000 per month for new projects. Not surprisingly, I’ve received quite a few calls lately in regard to Project Finance (PF). Everyone from builders to IT consultants have been calling me trying to find out a bit more about how it works.
Why Your Debtors Book Could Be Worth $1m Per Month
The upsurge in inquiries has meant we’ve had to increase our lending cap to accommodate market demand. Our facilities now range between $50,000-$1,000,000. AT AR, we’ve certainly had more calls over the last six months from SMEs looking for funding without fixed assets than in the past. Most invoice financiers won’t touch these deals, it’s far too risky.
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 To Use Inventory Finance When You Don’t Have Any Inventory
Is this some kind of wizardry financing option? Did you know that you can use the impending purchase of inventory to secure funding? I’ll explain what I mean. You’ve just won a contract to landscape a business park. The contract specifies bespoke paving. Only one supplier manufactures the pavers. You’ve already run low on cash gearing up for the project and your line of credit with the bank is maxed-out.
How SMEs Can Borrow Against Inventory
Getting funding against your existing inventory is easier than you think….Your inventory can be deemed as an asset. Which means if supplier calls you to say that they have a great deal on some materials or products which you know you can sell (maybe not even now, but at some point down the track) you can say: “YES!”…
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 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…
Ask the Experts – Equipment Financing – “THE SEQUEL” From Mark Turner at BME
Julia Gillard and stormy weather is putting the brakes on…Today, I spoke with Mark Turner from BME, a QLD-based equipment financier about how everything from heavy rain to Julia Gillard is putting the brakes on broking north of the border. Read Mark’s response to our last “Ask the Experts” interview with Andrew from Moody Kiddell
Ask the Experts – Andrew Clark, Equipment Financier (Earthmoving & Transport)
“most SMEs are keeping equipment finance separate from their banker” Welcome to the first installment of Ask the Experts. Each month we’ll be talking with finance professionals about what’s going on in their specific industry niche. This month we catch up with Andrew Clark – Equipment Financier at Moody Kiddell & Partners (mkpfinance.com.au)
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.
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.
Sushi Please, We Don’t Like Meat Pies
Banks don’t really want SME customers. Mind you, they say they do, but they don’t really. In short, banks view SMEs as high maintenance, low margin customers. Yesterday the SMH reported that the ANZ has opened a wealth management sub-branch in Nagoya, Japan, targeting affluent clients. The bank’s chief executive for Japan, Robert Bell, said…
