Tags Business loans

Tag: business loans

Growth in loans to businesses evaporates

RBA statistics for April recorded the slowest annual growth in credit for mortgages since the data was first collected in the late 1970s. The growth...

Lack of millennial home ownership results in rejected business loans

Nearly half (44%) of Gen Y (also referred to as millennials) small businesses have applied for finance in the last year and more than...

Stay savvy with business loans and save

Staying with a Big 4 bank could cost you $6,007 in extra interest on a $250,000 business loan over 5 years The average...

10 tips for choosing the right loan for your business

When running a business, it is more than likely that at some point you will need a loan. This may be a short-term solution...

Australia’s small businesses: optimistic or foolhardy?

One of the requirements for businesses to secure a bank loan is to have a formal business plan in place. According to the State...

7 Business loan myths busted

Business owners can be cautious thinkers, looking out for every possible roadblock their business may encounter. It is a both a blessing and a curse,...

Increasing cash flow with a chattel mortgage

If you're a business, the lifeblood of your business comes down to one thing - cash flow. If you have bottlenecks in cash flow,...

Why every entrepreneur needs a mortgage broker

Legislative changes over the last few years to protect borrowers have made life easier for some and harder for others. While many borrowers now enjoy higher levels of protection, borrowing can now be harder for self-employed entrepreneurs.

How to get a better business banking deal

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

5 reasons your business looks high risk to the bank

Bankers are judgmental - they have to be as they're given limited information about their client and are expected to spot clues about credit risk from the basic information available. Given this, there are a few simple ways you can ensure your business appears low risk to the bank.

featured

Why is Australia seeing fewer female CEOs?

Fewer women are running the country’s top 200 ASX-listed companies in 2020 compared to the last four years, according to the Chief...

Coronanomics – What we’ve learnt about the economics of COVID-19

If trade bought prosperity to all corners of the world, then COVID-19 is showing the dark side of an interdependent world.

Should you incorporate an AI strategy into your business?

With both government and companies eagerly adopting artificial intelligence (AI) strategies, we explore how AI could also streamline and scale your business....

‘A 10,000 per cent increase in page views in 2 weeks’: how to scale up in a crisis

As a telehealth provider, Coviu experienced a sudden surge in customer demand during the pandemic. Their website saw a 10,000 per cent...

Unemployment rate drops, defying forecasts

Official ABS figures released today show that the unemployment rate has fallen to 6.8 per cent in August, down from 7.5 per...

Qantas disrupts financial services industry with SME business loans

Qantas will start referring business frequent flyers to lending platform Valiant Finance. This partnership helps Qantas members access working capital, asset finance...

Employees willing to salary sacrifice for flexible working: Research

Research from payroll and HR software solutions provider, Ascender, shows that more than one in three (37 per cent) of Australians are...

Let’s Talk: The Right Reasons

A strong story behind a business's inception can have a powerful effect on customers. Customers may identify with a founder's back story...