by Apricity Finance | Oct 16, 2020 | Blog, News
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...
by Apricity Finance | Oct 6, 2020 | Blog, Media, News
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...
by Apricity Finance | Mar 13, 2020 | Testimonial
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...
by Apricity Finance | Nov 13, 2019 | Blog, News
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...
by Apricity Finance | Oct 15, 2019 | Blog, News
How to make sure working with big business works for your business For many smaller businesses, landing a big client or piece of business is a dream come true. And so it should be. Opportunities for real business growth can be few, far between and often fraught with...
by Apricity Finance | Aug 28, 2019 | Broker Testimonial
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...
by Apricity Finance | Jun 26, 2019 | Blog, News
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...
by Apricity Finance | May 23, 2019 | Blog, Media
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...
by Apricity Finance | Apr 10, 2019 | Blog, News
“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...
by Apricity Finance | Jun 21, 2018 | Blog, News
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...
by Apricity Finance | Oct 23, 2017 | News
SBS World News 12 September 2017 Accounting firm Xero is now providing a monthly report as insight into small businesses to inform government policy and regulation. Trent Innes, Xero Australia Managing Director said the company’s data shows there has been some...