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Why there’s no one-size-fits-all solution to business cash flow challenges
Commbank.com.auEvidence of persistent cash flow challenges can be seen across the Australian business landscape. Not only have 87% of SMEs encountered a cash flow crunch in the past year1, but just over 80% of all businesses are now considering financing options to navigate liquidity constraints
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The Commonwealth Bank of Australia announces changes to business lending process
The Commonwealth Bank of Australia (CBA) has announced new changes to its business lending process that will allow for shorter decision times for eligible small business customers – from three days to instant.
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Small businesses leaving themselves vulnerable to currency fluctuations
Research by East & Partners commissioned by WorldFirst, a global digital payments and financial services platform for SMEs engaged in cross-border trade, has found that Australian small businesses are missing out on valuable Foreign Exchange (FX) opportunities and are more vulnerable to currency risk stemming from mounting interest rates and persistent inflation.
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Optimising investment in electric vehicles as business adoption set to soar
Businesses are poised to lead the expansion of Australia’s electric vehicle market. We explore top tips and lesser-known financial incentives that can help balance impact and costs.
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CBA records strongest asset finance growth on record
New CBA data reveals record number of businesses financing new transport and equipment in the past financial year, with electric vehicles and technology upgrades helping businesses to drive growth.
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ANZ and Taulia Partner on Working Capital
Wed, May 31, 2023 Australia  ANZ ,Partnerships ,Supply Chain ,Supply Chain Financing ,Working Capital(31 May 2023 – Australia) US fintech, Taulia, and Melbourne-headquartered ANZ Bank, have announced a strategic partnership aimed at delivering improved working capital solutions to support the resilience and sustainability of global supply chains.
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CBA launches green vehicle and equipment finance
Tue, April 18, 2023 Australia  CBA ,Asset Finance ,Environmental, Social and Governance (ESG) ,Sustainable FinanceDiscounted asset financing to support the sustainability goals of businesses through investment in green vehicles, equipment and machinery.
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Media Release: NSW SMEs hit hardest by rising wages and red tape costs
Rising wages and compliance costs top the list of growing cost pressures for Australian SMEs, with small and medium businesses in NSW the most heavily impacted.