March 20 2019 Waddle secures $4M in Series A funding

Online lender and invoice finance solution company, Waddle, yesterday announced it has secured AUD$4 million in Series A funding. The funding round was secured from experienced technology investor, Allectus Capital Limited (Allectus), and will be utilised to aggressively scale the platform in Australasia and accelerate the integration of Waddle’s global financial services partners. The raise Read More…

December 17 2018 3 tips to help small businesses grow revenue in 2019

As the end of year draws closer, it brings a great opportunity for small business owners to take time to reflect and plan for the year ahead. The Westpac Small Business Report in collaboration with Deloitte found that small businesses have grown modestly in revenue terms relative to this time last year. While some are Read More…

August 17 2018 How to develop a trading plan for forex currency trading

Forex trading has countless advantages as compared to stock trading or commodity trading. One of the big things about Forex trading is the fact that you have the flexibility to work from wherever you want to, work the hours you want because the FX market trades around the clock 5 days a week. This way, Read More…

July 12 2018 3 tips for more efficient global payments

Three tips from global payment solutions specialists.

June 26 2018 Tax time splurge often a costly mistake

Don’t buy things just because you think it’s a tax lurk.

June 19 2018 EOFY tax tips for businesses

It’s that time of year again…

May 28 2018 $10,000 grants up for grabs for budding entrepreneurs

Corporate lawyer Alyce Tran had a dream to make an extra $50,000 from her fashion blog, The Daily Edited, which she co-founded with her friend Tania Liu. After an unsuccessful attempt to launch an online clothing line, the pair introduced their personalised accessories business, which today turns over more than $15 million a year – Read More…

May 28 2018 When good credit becomes bad credit

In a perfect world, suppliers would prefer to be paid cash up front. However, in reality, the world works on credit. Trade credit is inevitable and so is the debt that comes with it. For most businesses, trade credit is essential for growth as businesses don’t have to pay suppliers on the spot but rather with Read More…

May 21 2018 MYOB and BPAY collaborate to speed up business payments

MYOB has teamed up with BPAY to offer a new invoice payment method, which was rolled out to MYOB customers last week (May 15), allowing businesses to get paid up to four times faster. MYOB Head of Product Marketing, Kim Owen-Jones said that giving customers the choice of BPAY as a payment method would provide Read More…

May 11 2018 Efic helping high-growth business take on export opportunities

Seeing Machines has gone from strength to strength since 2000, when the business was founded as part of an association with Australian National University. Today it is at the forefront of driver monitoring technology and has more than 200 staff and operations across the world; including the US, the UK, South America, Europe and in Read More…

May 3 2018 The break small businesses deserve

Obtaining finance can be challenging for any business but it is an acute difficulty for micro and small businesses in their start-up phase. Having the Best Business Idea in the World won’t necessarily be enough to convince sceptical, risk-averse banks to approve a loan, especially if the business owner doesn’t have a proven track record Read More…

April 23 2018 Non-bank business lenders growing in popularity amongst SMEs

There is no doubt the big banks remain major players in the SME lending market however, there has been a steady rise in the number of non-bank lenders offering fast and flexible lending options in this space. They are able to move much faster than the traditional banker with their unique ‘fintech’ approach, giving small Read More…

April 3 2018 Small business loans in Australia: should you seek finance from a bank or an online lender?  

Considering the small business sector employs nearly half the national workforce and contributes around $380 billion to Australia’s GDP [1], it’s easy to see why it’s frequently referred to as the ‘engine room’ of the economy. Like all engine rooms, the sector requires sufficient fuel – in this case, working and growth capital – to Read More…

March 25 2018 Wolf amongst the sheep: does your business have any bad debtors hiding in its flock?

With companies increasingly defaulting on payments, going into administration and getting wound up by the ATO, small to medium businesses are more vulnerable than ever to bad debtors. To safeguard their bottom line against slow and non-payers, it is necessary for businesses to perform due diligence on their customers and otherwise maintain an effective credit management system. Our Read More…

March 20 2018 A tale of two SMEs: what distinguishes a growing business from a declining one?

What are the attributes of an SME that is growing, and how do they differ from a business with static or declining revenue? [Related: SMEs trading banks for fintechs, poll suggests] Twice a year, when more than 1200 owners or leaders of SME businesses are interviewed for our SME Growth Index, one of the first questions Read More…