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SP 30yr AUS

Update: The Australian and New Zealand operations of Bibby Financial Services were acquired by Scottish Pacific Business Finance in late 2015 to create Australia’s largest non-bank invoice finance specialist. Welcome to our website.

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Recent Scottish Pacific Business Finance posts

8 Ways Business Owners Can Manage Their Workload and Reduce Stress

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Running a business has many advantages and can be incredibly rewarding. However, it also comes with an inherent level of stress that can take a toll over time. In fact, 41% of entrepreneurs cited running their business as the number one stressor in their life. Fortunately, implementing some key stra...
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  595 Hits
595 Hits

How Australian Businesses Can Prepare for Trade Disruptions During Chinese New Year

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Valued at $183 billion, China was Australia’s top two-way trading partner in 2017 and accounted for 24% of total trade . This means major events in the Chinese economy can impact Australian businesses.  One of the biggest is Chinese New Year. In this post, we’ll discuss the basics of this major...
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  763 Hits
763 Hits

What Are Neobanks and What Do They Mean for SMEs?

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Online banking is nothing new. It’s been around since 1994, and in more recent years it’s become mainstream for both consumers and businesses. As of 2018, over 54.2% of Australians used online banking, with 46.5% accessing their accounts on mobile devices. The concept of neobanks, however, is still ...
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  687 Hits
687 Hits

6 Tips to Access Working Capital During the Busy Build Up to the Holiday Season

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The holiday season can be lucrative for SMEs. In fact, holiday sales account for around 20% of annual total sales for most businesses. And for some, it can be as high as 30%.  But in order to capitalise, SMEs need to ensure they have access to the necessary working capital in the busy period le...
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  1844 Hits
1844 Hits

Does My Business Need to Lodge a BAS? Everything You Need to Know

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A business activity statement (BAS) is a form that certain Australian businesses must submit to the Australian Taxation Office (ATO) to report their tax obligations . Some specific obligations include goods and services tax (GST), pay as you go (PAYG) tax instalment, pay as you go (PAYG) tax withhel...
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  586 Hits
586 Hits

Keeping Up with Growth: 8 Cash Flow Management Tips for Small & Medium Businesses

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The Australian economy is looking good, and the majority of SMEs are experiencing bigger profits in 2019. According to Scottish Pacific’s March 2019 SME Growth Index , “Growth businesses are forecasting an average 4.9% revenue rise (up from 4.5%), and only 1in 4 SMEs expect revenues to remain flat.”...
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  1367 Hits
1367 Hits

The Small Business Dilemma of Selling to Major Retailers

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Selling to big name retailers like ALDI, Woolworths, Coles and Bunnings can be a huge opportunity for small businesses. These major chains can be very profitable customers and fantastic for getting your product and brand in a more visible space.  But there’s a dilemma. With extended payment ter...
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  1927 Hits
1927 Hits

3 Lending Options That Overcome Poor Personal Credit

Can I Take Out a Business Loan with Bad Personal Credit?
Access to capital is vital to your company’s growth and sustainability. You need it for purchasing inventory, buying equipment, hiring employees and boosting marketing efforts. Unfortunately, many businesses face a shortage of capital. In fact, nearly two-thirds start with less than $70,000 AUD. If ...
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  543 Hits
543 Hits

How to Ensure Adequate Cash Flow in the Face of Australia’s Minimum Wage Increase

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On 1 July 2019, the Fair Work Commission increased the national minimum wage in Australia by 3%. While this may not sound like that big of a deal, it could have a significant impact on cash flow for many SMEs.  In this post, we’ll look at the details and explain how to ensure your business has ...
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  582 Hits
582 Hits

What Are Some Viable Financing Options for a Small Business?

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Small businesses are Australia’s economic backbone. Recent research found, more than 99% of all Australian companies are small businesses, and they contribute $380 billion AUD to the economy.  But one consistent issue these companies face is obtaining capital. Roughly a third of small businesse...
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  748 Hits
748 Hits

SME Finance Solutions That Don’t Involve Property Security

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Scottish Pacific’s March 2019 SME Growth Index unearthed many interesting findings. One of the main themes involves property security and its negative impact on business funding. In this post, we’ll examine the overarching sentiment toward property security and offer solutions for companies who don’...
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  1622 Hits
1622 Hits

9 signs that your SME clients need business funding

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Businesses that are expanding: growing pains can place massive pressure on business cash flow Freeing up the family home: business requires more funds than available equity Slow paying debtors: clients can sometimes take advantage of a good working relationship and draw out payments Turning away new...
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  1669 Hits
1669 Hits

Accountants Have The Biggest Positive Impact Of All Advisers on SME Revenues

Accountants Have The Biggest Positive Impact Of All Advisers on SME Revenues
There’s work to do for accountants if they are to become the go to trusted advisers to their clients – but according to the latest Scottish Pacific SME Growth Index those business owners who do rely on accountants reap the benefits. Most accountants would hope and even expect to be seen as trusted a...
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  2863 Hits
2863 Hits

AWARD WINNING SOLUTIONS

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         Industry Cash flow  Lender
      Award Winners 5 years in a row

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