Proposed regulations could mean a murky future for funding in NZ
The borrowing capabilities of New Zealand businesses could be severely impacted by proposed regulatory changes on both sides of the ditch. According to many commentators, we may see a reduction in capital from the banks as well as a potential increase in rates for those able to secure funding. In recent weeks, The Reserve Bank […]
Some considerations for your businesses at EOFY
As June 30 falls on a Sunday this year businesses are advised to finalise EOFY matters early – within this working week. In addition to this there are a number of important changes and coming into play for business from July 1st. This article highlights six considerations for business including; Single touch payroll for businesses […]
Six things you should know about invoice finance
In the wake of the Royal Commission recommendations, many brokers are now looking at expanding their business finance offering as a way of ensuring future growth. Additionally, tightening lending conditions means that invoice finance is becoming increasingly utilised by SME businesses who can’t get what they need from traditional lenders. But as with any product, […]
Ombudsman Kate Carnell calls for fairer credit options for SMEs.
As reported in The Australian on the 31 January 2019, Small business Ombudsman Kate Carnell has called on the Royal Commission, policymakers and regulators to work harder to get Small/Medium businesses on a firmer footing against banks or risk a “credit squeeze”. Ms Carnell’s comments come as latest research show startling results about small businesses’ access to […]