The Australian Federal Budget 2023-24 has brought about some changes for home buyers and SME owners. In this article, we’ll take a closer look at the key measures that could impact your finances and provide insights on how to prepare for the year ahead. From tax cuts to incentives for first-time home buyers, read on to discover the implications of …
Small and medium-sized enterprises (SMEs) are the backbone of many economies, yet they often struggle to secure traditional bank loans. As a result, many are turning to non-traditional bank lending options for cashflow finance. This trend is gaining momentum as SMEs seek alternative ways to fund their businesses. In this blog, we’ll explore why SMEs are turning to non-traditional bank …
For many of the 35% of SME’s who relied on JobKeeper for more than 50% of their revenue, the future is feeling somewhat uncertain – to say the least! Thankfully, there is some relief now available with the release of the last phase of the SME Guarantee Scheme. This phase is being called the SME Recovery Loan Scheme and is …
What does it mean for your business? The end of JobKeeper is fast approaching. With 35% of SME’s relying on it for more than 50% of their revenue, this is a big deal for Aussie businesses. It is a ticking time bomb that is likely to cause a lot of collateral damage. There is no denying that for many of …
The growth in business lending to small to medium enterprises over the last few years has boomed with so many new entrants into the market. Now with over 80 players in the space it can be a tough gig to work out where you fit amongst it all. There are both secured and unsecured options available with minimum and maximum …