By Jessica Stanic · 4 May 2009 · News
As cash rates drop, overdraft rates remain stubbornly high, forcing many to seek alternative funding options. Will debtor finance be the lifeline they need?
Increasing overdraft rates are pushing many small business to seek out more flexible cash flow products such as debtor finance, says Bibby Financial Services. As cash rate drop, business overdraft rates remain higher than ever. Business lending data from credit research service CANNEX shows the major banks increased rates on the most common secured overdrafts […]