Tag: FlexiCommercial
If cash is king, here’s one way to get yours flowing…
For small businesses, there’s no question about it – cash flow is king. Unfortunately, thanks to the GFC, keeping cash flowing and preserving a line of credit is proving a challenge for many Australian businesses. According to a recent Dun & Bradstreet report, the average time it takes to get an invoice paid in Australia has risen to 53.4 days. Furthermore, many small businesses are finding it difficult to acquire the capital they need from traditional lending institutions, especially the big banks. Here's one way to get yours flowing.