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SME funding gap jumps 5%: Judo
The AdviserThe funding gap for SMEs with a turnover of between $1 million and $20 million has widened by $4.6 billion to $94.3 billion since 2019, according to a report.
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The banks are facing a loan default tsunami
Mon, September 28, 2020 Australia  CBA ,Reserve Bank of Australia ,Debt ,Financial Results ,Interest Rates ,LendingMartin Smith at East and Partners says CBA has been on the front foot when it comes to the changes in responsible lending rules. But Smith says the RBA has nowhere left to move and may have to walk back its negative rates discourse.
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SMEs have options once JobKeeper lifeline is cut
You can’t blame business owners for being confused about how to manage their finance needs in the new world created by the COVID-19 pandemic, writes Peter Langham, CEO of Scottish Pacific.
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SMEs most likely to turn to brokers for buying assets
While SMEs look to brokers for help with their finances, research shows that this is particularly the case with buying or selling asset, plant and equipment.
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Debtor finance: A critical solution
While this expression is thrown around all too often, for small businesses staring into the challenges of 2020, it is a very real truth they are having to face.
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Getting paid has turned into a massive $776 billion problem for small business that’s getting worse
The time taken to pay small businesses has blown out in the wake of the coronavirus crisis, leading to the SME sector to call for federal legislation to ensure they can manage their cash flow effectively.
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The smaller a business the longer they have to wait to be paid
New research shows that SMEs are waiting an average of 56 days to be paid, despite repeated calls to big business to pay their smaller suppliers on time.
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Growth challenges facing small business
Some of the most innovative businesses in Australia fall into the small business category. But pushing through barriers to take advantage of growth opportunities is no mean feat.