SME lending options are on the rise, but how do you access them?

While many SME owners worry about their access to finance, a surge of new lenders and products is rapidly expanding the options available. And brokers have an important role to play for businesses, says the Productivity Commission.

Continue ReadingSME lending options are on the rise, but how do you access them?

Only half of SMEs have recently been able to secure full funding: report

Almost one-in-two SMEs have applied for new funding in the last six months, a new report has found, and of those SMEs only half were successful in obtaining the full amount they were seeking.

Continue ReadingOnly half of SMEs have recently been able to secure full funding: report

SME Recovery Loan Scheme revamped to help more businesses

More small and medium-sized businesses struggling to stay afloat due to the economic impacts of COVID will have access to cheaper funding after the federal government expanded the eligibility criteria for the SME Recovery Loan Scheme.

Continue ReadingSME Recovery Loan Scheme revamped to help more businesses

Cash flow tips for businesses thriving and surviving the pandemic

Australia is a tale of two economies right now, depending on the state or sector your business is based in. Today we’ll run you through three cash flow tips for your business, whether it’s growing or struggling.

Continue ReadingCash flow tips for businesses thriving and surviving the pandemic

SMEs to get full asset write-off extension and fairer go with ATO

Small businesses in dispute with the ATO over their tax debt will get “a fairer go” under new rules proposed in the federal budget. Meanwhile, one-year extensions have been granted for the full asset write-off and loss carry-back schemes. Let’s break it all down.

Continue ReadingSMEs to get full asset write-off extension and fairer go with ATO

Business demand for equipment has hit record numbers

Businesses across the country are purchasing new equipment and vehicles in record numbers, as companies big and small embrace the strongest market conditions seen in years, according to NAB data.

Continue ReadingBusiness demand for equipment has hit record numbers

Free new mental health support service for small business owners

Floods, fire and pandemic - it’s been an incredibly tough 15 months for many Australian businesses. And with government support about to end, looking after your mental health will be just as important as taking care of your business’s financial health.

Continue ReadingFree new mental health support service for small business owners

End of content

No more pages to load