With tax cuts for big business abandoned, what is the fallout for SME’s?

The news has been dominated in recent days by the Liberal Party Leadership saga, a new Prime Minister and a new Cabinet.  However, the last days of the Turnbull Government saw proposed corporate tax cuts for big business being consigned to the scrapheap. The contentious plan to cut the corporate tax rate for big business […]

Why invoice financing is a great fit for manufacturing

Invoice finance for manufacturers

By it’s very nature, the manufacturing industry lends itself well to invoice financing, a flexible and agile funding method. Manufacturing is alive and well in both Australia and New Zealand. Reports are stating that the manufacturing industry in Australia is heading for a renaissance, with 40,000 new jobs created in 2016.   In New Zealand, manufacturing also plays a […]

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, however the RBA states that lenders appetite for this is decreasing. In a speech just before Christmas, […]

Can importers use invoice finance?

Importer Invoice Finance

Invoice Finance is something that is used by Importers all over the world. It can provide instant liquidity, business flexibility and growth. At Apricity Finance we have experience in dealing with Importers and their financial needs, especially as relates to clients experiencing fast growth and spikes in trading volumes, which may cause cash flow stress. HOW […]

Four in Ten Construction Invoices Paid Late

Senate Inquiries are recommending a number of changes when it comes to payment terms for the construction industry as cash flow difficulties are still largely prevalent due to late payment of invoices.