News Articles
What to do when a funder withdraws from the market?
You arranged finance for your SME client on exceptional terms, but now that funder has withdrawn from the market what should you do next?
What do asset based lenders mean by ‘borrowing base’?
Finance is all about numbers, and one of the first numbers an asset-based lender such as Hermes Capital wants to calculate is a potential borrowers “borrowing base”.
What does a volatile stock market mean for small businesses?
The stock market is a crucial aspect of any economy, including Australia’s of course. Volatility in the stock market can have a significant impact on businesses of all sizes, including small businesses. But where does the rubber hit the road for small businesses when it comes to stock market volatility?
Beyond the Sales Pitch: Choosing a Business Advisor in Times of Crisis
Checking out the business advisor you choose in a crisis is like checking out the parachute you chose before jumping from a plane. You need one that is going to get you to the ground safely – and that wont always be the first one that comes to hand.
Superannuation? My business is my super…
Superannuation is a hot topic this week. One reason many SME owners endure the trials and tribulations of entrepreneurship is to give them a better retirement. This article explores the pluses and minuses of relying on your businesses for your retirement. It examines the advantages of control and potentially higher returns, as well as the risks of business value, lack of diversification, and stress.
Avoid being collateral damage when your largest customer goes broke
What can you do to minimise the damage to your business when one of your largest customers goes broke? Here are five tips I can share from my many years of experience financing accounts receivable.
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