Stumbling Blocks for The Small Business Sector

The importance of SMEs to a healthy Australian economy cannot be overstated. SMEs are the backbone of the Australian economy, creating around 7 million jobs, contributing up to 57% of Australia’s GDP and cementing our reputation as a nation of entrepreneurs.  With almost every industry affected by Coronavirus, many of our SMEs have been tested […]

MEDIA RELEASE: Australian SMEs Struggling For Help, Says Broker Community

The Government SME Guarantee Scheme and extended trading terms are failing Australia’s SMEs, amid the Coronavirus pandemic FOR IMMEDIATE RELEASE Tuesday 6 October 2020 Invoice finance business Apricity Finance warns of the issues faced by SMEs amid the Coronavirus pandemic, and says businesses remain concerned about staying afloat as they struggle with a range of […]

Apricity helps Civil Construction client stress less and plan ahead

We are a Melbourne based civil construction company, delivering large scale projects across multiple sectors including transport, rail, road, water and landscaping. We handle all aspects of the project from earthworks and construction to hiring and training workers and machinery. For a business like ours, the challenge has always been cash flow. Often, we are […]

Why businesses no longer need to mix their business and personal finances

Traditionally, for SMEs looking to finance their business it was necessary to use a large chunk of personal collateral as security.  In many cases this linking of personal and business finances led not only to more stress, but sometimes, day to day concerns like waiting for invoices to be paid, could have a damaging effect […]

Landing the big fish – your guide to working with big business

The Australian Infrastructure Audit released last month predicts that Australia’s population will grow by 24 per cent reaching 31.4 million by 2034.  The outcome of this will be significant pressure on infrastructure, particularly in our largest cities. The 2019 Budget saw the Federal Government pledge to invest $100 billion over 10 years to manage the needs of […]

Market Insights – Adam Lysle, Veritas

Please tell us about the nature of your business? We advise businesses and lenders at various points in the lifecycle of their business, usually around a significant event.  For example, when considering a growth opportunity or next step, a customer changing terms or a key employee leaving the business.  We give advice to the business […]

Small business owed $115 billion in late payments – XERO

New research from the global small business platform Xero and AlphaBeta Advisors reveals the significant impact that late payments have on small businesses in Australia. The research goes as far as putting a dollar value on the amount outstanding of $115 billion per year.  According to the research, half of all trade credit invoices are […]

Australian SMEs still feeling cashflow crisis: broker community

The people that small-business owners turn to for independent advice believe that cashflow management and access to finance are only getting harder for SME businesses. A recent poll of the finance broker community, commissioned by Apricity Finance, has demonstrated that the key challenge of cashflow continues to drive the demand for small-business finance – something […]

“Poor cash flow is the primary reason for business insolvency in Australia” – Kate Carnell

Poor cash flow is the primary reason for business insolvency in Australia” – Kate Carnell, Australian Small Business and Family Enterprises Ombudsman The Australian Small Business and Family Enterprises Ombudsman (ASBFEO) has released a report of large business payment terms, with the aim of measuring the impact of delayed payments on small business. Large businesses across […]