Tag: Credit

A new initiative launched today by the Australian Retail Credit Association (ARCA) aims to demystify consumer credit history.

Low-doc loans are making a comeback and they could be just the funding solution small businesses have been looking for.

The Reserve Bank has decided to leave the cash rate at 4.75%, announced RBA governor Glenn Stevens.

The plunging property market will put a number of small businesses at risk, particularly start-ups that often secure finance using the value of their homes, according to Rob Lamers, CEO of Oxford Funding, a subsidiary of Bendigo and Adelaide Bank.

Business-to-business lending rates have declined as creditors get strict about payment terms, according to trade credit analysis conducted by Dun & Bradstreet. It revealed that during the GFC many organisations relied on extended credit terms from suppliers to stay in business but these terms have since retracted.

Small businesses are often burned by bad debtors because they haven’t put in place solid workable credit practices to evaluate those they do business with. We asked Veda Advantage to provide ten top tips to help small businesses adopt and implement best practice credit practices.

Veda Advantage’s Business Credit Demand Index, released today, shows demand for business credit among small business is down 7.3 percent in the December quarter over 2009.

Retailers are being urged to cut costs while the retail market remains flat in Australia, with experts predicting the subdued retail trading that plagued the Christmas lead up to continue.

Leasing equipment can free up cash for more important needs, here are the top ten reasons to consider leasing as an option for your business.

Two thirds of Australians are planning to spend less on gifts, sale shopping and family entertainment this Christmas, according to a new survey by finance comparison website Mozo.com.au.