ScotPac CEO Jon Sutton warns business need to consider new ways to manage cash flow as supply chain finance begins to dry up and the end of JobKeeper looms. Sutton suggests many businesses who rely on early payments for working capital need to know their options as early payment finance tightens and access to traditional… Read more »
The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Kate Carnell is urging the Federal Government to establish a revenue-contingent loan scheme for small businesses, to provide them with the cash flow they need to survive the next 12 months. With government support measures being withdrawn, banks continuing to subject small business borrowers to onerous… Read more »
The Reserve Bank of Australia’s latest report, Access to Small Business Finance has revealed small businesses are continuing to struggle to gain access to affordable capital. The message from the Small Business Finance Advisory Panel suggests while conditions are better than they were in the period just after the global financial crisis, around one-fifth of… Read more »
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