Tag: Credit

If you’re a small business owner who’s trying to find money to pay for new business equipment and assets, then you’re probably doing it tough right now.

Veda Advantage’s Business Credit Demand Index, released today, indicates many small-to-medium sized businesses (SMEs) remain reluctant to take on credit throughout 2010, with demand falling 5.7 percent in the July to September period over the same quarter in 2009.

The majority of Australia’s SMBs are still suffering from the effects of the GFC, with client payments taking longer to be received, according to a new survey.

Choosing a bank has always been as much about convenience as getting a good deal. For decades, it’s simply been easier to throw our lot in with a big bank than to research the challengers and shift our accounts.

In today’s day and age of credit card fraud, hackers and identity theft, the need for credit card data protection and customer payment security has never been so great.

Veda Advantage’s Business Credit Demand Index, shows many small-to-medium sized businesses have been reluctant to take on credit throughout 2010, with demand falling 5.6 percent in the April to June period over the same quarter in 2009.

Many Australian businesses are not protecting themselves against the risk their customers might go insolvent, according to a joint survey by the Institute of Internal Auditors – Australia (IIA) and credit insurer, Atradius.

Dynamic Business, as the voice of Australia’s small businesses is conducting its inaugural SME credit and debt survey and wants to hear from you. (There are prizes too!)

Prospects for small businesses appear to be looking up post-GFC in Australia, yet the attitudes held by business owners towards banks has not recovered.

The Council of Small Business of Australia (COSBOA) has today released its recommendations to the Opposition-lead Senate Inquiry on Access of Small Business to Finance.