36% of SMEs use personal credit cards for business cash flow

By David Olsen · 13 December 2010 · Cashflow

Cash Flow Crisis Hits SMEs

Small business owners are turning to desperate measures to stay afloat, but is this a recipe for disaster? Find out what's driving the cash flow crisis in Australia's SMEs.

Read the full article →

Summary

A comprehensive survey of Australia’s small and mid-sized businesses has found owners and operators are increasingly turning to personal credit, loans from friends and family, and savings as a means of plugging cash flow gaps.

Tags: Cash Flow, Credit Cards, Sme