We read with interest this recent article from James Morton of The Advisor.  James highlights some of the issues around small business lending emerging as the Royal Commission unfolds.

Throughout the Inquiry, Banks and Brokers are being painted as villains, with small business being led to take on too much risk.  The unfortunate fallout from this could be that we are left with a system so tightly regulated that we will quash the entrepreneurial nature of small business.

Small business needs access to capital.  They also have a right to a fair go.  The Royal Commission definitely needs to hear about how poorly many business owners have been treated.  But we need to ensure the response from both Government and the Banks is not just to shut down funding access altogether.  Too often a total clamp down instead of a considered response is the outcome of such situations.

At Apricity, we are all about giving business access to flexible funding that grows with their business.  You can read more here about how we help businesses take advantage of growth opportunities.