Risk Management

What keeps SME owners awake at night?

What keeps SME owners awake at night?

Cashflow and time management are the biggest pain points for Australian SMEs, according to research conducted by East & Partners for ASX-listed working capital lender Scottish Pacific. The bi-annual SME Growth Index canvassed the views of more than 1200 SMEs with turnovers ranging from $1 million to $20 million. Cashflow concerns arise from a range […]

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Borrowing from family or friends to finance a small business – good idea or not?

Borrowing from family or friends to finance a small business – good idea or not?

Borrowing from family and friends is a very common way of financing a small business. Business owners approach family and friends different reasons. It might be that there is an immediate opportunity but there isn’t the time to get a bank loan or maybe the bank has said “no”. Borrowing from family and friends can be a quick […]

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