Monthly Archives: December 2011

Top 5 Tips for SME’s in Reading Top 5 Tip Lists

‘Tis the season for the Top 5 list.  Or maybe it is the Top 10 or even the Top 12 list when someone really clever wants to tie in their list to the 12 Days of Christmas.  I am actually … Continue reading

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Small companies lead the way…but cash flow still holding them back

Dun & Bradstreet came out with its Corporate State of the Nation report today and the findings were quite interesting.  Not surprisingly, Western Australia was the best performing state with net growth of 23% across its industry sectors which were … Continue reading

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NAB anticipates credit rationing…SME’s need factoring more than ever

In the news today, NAB’s head of business banking – Joseph Healy – foreshadowed even further tightening of credit to SME’s should the crisis in Europe continue.  Last week, the Bank of Cyprus sold its Australian business to Bendigo & … Continue reading

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Banks warn on funding costs…SMEs need factoring more than ever

At their Annual General Meeting today, National Australia Bank became the latest large Australian bank to warn the market about rising funding costs.  Yesterday, Westpac gave similar messages to the market.  NAB highlighted the debt crisis in Europe along with … Continue reading

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Business confidence stabilises…suggests economic growth on the horizon

Whilst the crisis in the Eurozone has dominated headlines and left a pall of gloom over the economy – even here in Australia – there are signs that sentiment is improving as we head into 2012.  The November Monthly Business … Continue reading

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Cash flow factoring for sub-contractors and builders still available

The Sydney Morning Herald reported today that yet another residential propery builder has run into trouble with its creditors with the announcement that National Builders Group is seeking an urgent refinancing of its loan with CBA or trade sale of … Continue reading

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Bond market boost to help blue chips…what’s available to SME’s?

Federal Treasurer Swan has announced plans to improve the local corporate bond market so that large, blue-chip Aussie corporates have another funding source to obtain cost effective credit.  AT the moment, the local bond market is moribund which forces most … Continue reading

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Big 4 Banks Downgraded by S&P

As a result, many small businesses are using invoice factoring and invoice discounting to ensure they have adequate working capital in their businesses. By factoring invoices, a business accelerates the collection of capital tied up in accounts receivable. After all, entrepreneurial small business owners can always find better ways of deploying cash when it is in their pockets as opposed to sitting in their customers’ bank accounts.
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