Tag: Business Finance

As sourcing business finance gets more difficult, a greater number of employers and employees are agreeing that novated leases work better for them than company cars do.

Seeking finance can be a daunting task, even for the most confident business owner. With careful planning and a clear view of what the banks are looking for, however, the burden of obtaining finance can be greatly reduced.

Intense competition between the banks is making it easier to get the best banking deal and loan terms for your business.

Make it Cheaper’s Tim Wolfenden spent some time in country NSW recently, which allowed him to get a “bit of a reality check” about upcoming electricity price rises.

“Households and small businesses across NSW will see their electricity bills soar by an average of 17.3 percent. This will add an extra $1000 onto an average small business bill of $6000. Where’s that going to come from?”

Consumers are electing to stay with their current bank due to costs and barriers to exit in place to keep them with the institution a new report has found.

You may have noticed a savings account war being waged, in recent weeks, in the streets of Bankland. Fights have broken out over the highest “special” rates, the most user-friendly conditions, and even – to a lesser extent – over the base rates. It’s good news for savers — but is it good news for small business?

The workshops, valued at $2,500 per participant but free to customers, begin 17 March at 24 locations across Australia. The workshops will be held in local community locations to provide convenient access and networking opportunities to participating businesses.

Business owners are no longer risking their personal assets to fund business growth as they ride out the effects of the global financial crisis (GFC). Debtor finance specialist, Oxford Funding observed that business owners are more concerned about risk exposure and are choosing funding strategies such as debtor finance that separates personal wealth and enterprise […]

The Council of Small Business of Australia (COSBOA) has called on the big banks to reduce their interest rates on loans to small business, following NAB’s decision to reduce loan rates to micro-enterprises by nearly 40 percent. COSBOA CEO, Jaye Radisich has commended NAB for this initiative, believing it is a positive step for small […]

Despite the turbulence created by the global financial crisis, it remains smooth sailing for business growth across Australia. In 2008, there were 1668610 registered companies, according to the Australian Securities and Investment Commission (ASIC). That’s nearly 67000 more than at year’s end 2007. While there are plenty of reasons to start a company, there’s almost […]