Tag: Borrowing

As Australia’s economy wavers, SME owners are holding off on borrowing, wary of new debt amid rising tax pressures and uncertainty.

Some of the leading causes of small businesses failures are unrealistic budget, unnecessary costs, overexpansion and ignoring debt payments. Though borrowing makes sense for start-ups, sometimes entrepreneurs are borrowing large amounts of money without sufficient capacity for returning it. Business debt is like a labyrinth, it’s easy to go in and difficult to go out. […]

Low doc home loans have taken the whole world by surprise lately for the ease with which they can be availed by anyone in need.