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Australian SMEs turn towards non-bank lenders to fund growth: ScotPac
The West AustralianAustralian small and medium businesses are being urged to sit down with financial advisors and re-evaluate their options in 2023 as COVID-19 stimulus funding begins to dry up.
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Non-bank funding replaces COVID stimulus measures for SMEs One in five plan to divest or merge opera
A quarter of Australian SMEs added non-bank funding facilities in 2022 following the termination of government COVID stimulus and support programs, more than double the figure of 12% a year earlier. A further 20% of SMEs said they intended to divest or merge their operations in 2023.
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Top three things SMEs want in a new lender in 2023
Thu, January 19, 2023Speed, ease and dependable customer service! These are the common themes Australian SMEs are looking for when sourcing new business finance or refinancing existing loan facilities in 2023.
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Citi GPS: Global Supply Chains
LONDON--Citi has launched its latest Global Perspectives & Solutions (Citi GPS) report titled: Supply Chain Finance: Uncertainty in Global Supply Chains Is Going to Stay. Its findings indicate that in an environment of stabilising trade flows and cooling goods demand, disruption remains top of mind for businesses reliant on Global supply chains.
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Supply Chain Finance Uncertainty in Global Supply Chains Is Going to Stay
Wed, January 11, 2023 Global  Citibank ,Citigroup ,Supply Chain ,Supply Chain Financing ,Trade FinanceTrade flows are a fundamental driver of global economic growth and commerce, mitigating pressures and inflationary challenges, with social and environmental benefits intrinsically linked to that growth. Trade accounts for 52% of global GDP, according to the World Bank.