Can Credit Cards help Small Business?

Can Credit Cards help Small Business?

According to report in the Sydney Morning Herald today, Australians owe $45 billion on credit cards and are paying more than five billion dollars a year in interest.  Where does this kind of ‘debt trap’ leave small business? Accessing affordable funding is an ongoing...
Latest news from New Zealand

Latest news from New Zealand

NZ’s Budget: what’s the big picture for small business? Linden Toll Founder & CEO Prime Minister Jacinda Ardern’s government delivered a Budget two weeks ago that focuses on improving public services and infrastructure; promoting economic development; and...
Apricity at the GEA Expo

Apricity at the GEA Expo

We recently exhibited at the GEA Supply Chain Expo. This was a fantastic event, where we made contact with a number of businesses across a wide range of industries including mining and mining services, manufacturing, transport and logistics, professional services and...
Qantas Voucher Competition Winner

Qantas Voucher Competition Winner

Congratulations to the lucky winner of our recent competition, Megan Rabbitt-Sutton, the Financial Manager from Wolff Group based in Toowoomba, Queensland. Megan is the recipient of a $250 Qantas voucher. When asked what does Apricity mean for their business, Megan...
Can invoice finance work in Agriculture

Can invoice finance work in Agriculture

Primary producers have enjoyed the fastest invoice payment times of all business sectors in Australia since 2015, according to industry analyst, illion (formerly Dun & Bradstreet). However, the agriculture sector experienced a sharp 3.2% decline in invoice...
OVERDRAFTS, SMALL BUSINESS AND THE BANKS

OVERDRAFTS, SMALL BUSINESS AND THE BANKS

Small businesses face many challenges, but one of the biggest obstacles can be obtaining external finance (The Availability of Business Finance, RBA). Many small businesses have typically relied on bank facilities, such as overdrafts, to manage cash-flow shortages,...