Tag: Small Business Banking

UK-based technology platform BankiFi has announced its entry into the Australian Financial Services market.

Real Estate property investment through SMSF loans is no doubt the most tax-savvy and smartest way to improve the total return on investment of a superfund.

One of the biggest decisions any small business owner faces is choosing which institution will handle their business banking requirements. If you’re struggling to make this decision, consider these 8 important aspects.

All the big banks say they’re the best for small business, but they also all want a piece of this large part of the market. To cut through the confusion, here’s an in-depth look at what each bank claims to have to offer SMBs.

Running your own business is enormously rewarding but it’s also hard work. Not only do you have to be your own accounts department, you’re also the sales team, human resources manager and paymaster. The good news is that expert financial advice is closer than you think, and it comes in the form of your local business banker.

The old saying, you have to spend money to make money might be true, but one expert offers some insight into negotiating the best banking deals, so you don’t have to spend as much to get started or keep going.

We asked three bankers their opinion on how small business owners should choose their business bank, the questions they should be asking, whether they need a separate bank for their personal affairs and how important fees are.

Do you know what banks look for when you apply for a loan? Is it your turnover, your profitability, your growth projections, your cashflow or just the value of the security you can offer? And if a bank says no, what can you do?

The Council of Small Business of Australia (COSBOA) has called on the big banks to reduce their interest rates on loans to small business, following NAB’s decision to reduce loan rates to micro-enterprises by nearly 40 percent. COSBOA CEO, Jaye Radisich has commended NAB for this initiative, believing it is a positive step for small […]