FactorONE News & Media

FactorONE's Head of Debtor Finance Wayne Smith shares his insights on the implications that SMEs may experience with the ATO's move to share data with credit reporting agenceis from 1 July.  The full article is available here Back to ...

August 5, 2016 As trade payment times increase, businesses are waiting almost 45 days on average for invoices to be paid. A leading national financier of startups and SMEs has warned that small businesses need to stay on top of cash flow issues to avoid nasty consequences of ...

A new column from Greg Charlwood has been featured over at Accountants Daily. The article emphasises that one of the key things for SMEs to focus on, to keep the cashflow cycle short, is regular maintenance and review of accounts receivable. Greg outlines some methods to ...

The typical overdraft facility established for an SME is secured by the personal property of Owners / Directors. Speculation that the end of the Australian property boom is on the horizon has become increasingly noted in the media. FactorONE GM, Greg Charlwood, took to ...

On the back of the ScotPac Business Finance SME Growth Index, Greg Charlwood discusses how accountants could take advantage of SME Owners' willingness to seek crucial business advice from business associates.  You can read the 5 tips here  Plus, download a free copy of the ...

Mortgage Professional Australia published our five steps for SMEs to combat financial issues and ensure they know where to turn when things go pear shaped. There are plenty of options for small business when it comes to turnaround. Full article here Back to News/Media ...

In a column for Accountants Daily, Greg Charlwood discussess how business can grow without the need to offer up more personal assets as security. These four tips can go a long way to ease pressure on cashflow and keep personal property out of the business. You can read the ...

On the back of the recent havoc on the Chinese stock market and China’s importance to our economy I thought it worthwhile to have a brief look at our economy. At a glance: GDP growth picked up in the March quarter though it was below average recent growth and early ...

It’s hard to believe it is July already. It’s amazing how quickly time passes when you are busy! July heralds not only a new financial year but also marks the end of my 1st year back at ScotPac Business Finance. It’s been an exciting year with many highlights. Our sales team ...

Welcome to our latest State of The SME Space. These last few months have been an exciting time at FactorONE with some key positive changes.  Firstly, it is with pleasure that I announce that we have hired three new Client Relationship Managers; Gerry Ferguson, Jennifer Bradshaw ...

Our GM, Greg Charlwood and ScotPac Business Finance's CEO, Peter Langham, sat down with Broker News to discuss how factoring (also known as debtor finance) can help in several scenarios. The pair note indicative cashflow issues such as: A large debtor paying slowly; Cashflow ...

Greg Charlwood discusses three common cashflow pressure points that affect Australian businesses.  Find out how to maintain a strong cash position from collections strategy to understanding your business' cashflow cycle in this feature article published on Anthill Online.Read ...

After landing a major distribution agreement with Woolworths' liquor outlets, The Little Brewing Company required a cashflow solution to support growth. The organisation's CEO spoke with Food Magazine recently about overcoming obstacles to ensure a better cash position. ...

FactorONE GM, Greg Charlwood joins other SME experts to provide advice on how to boost business in 2015. Amongst tips on risk-taking, goal-setting and loyalty, cashflow forecasting is just as important to ensuring a successful year for Australian business. Greg notes that SMEs ...

Accountants' SME clients with tax arrears should refocus where their cash flow is going to get the tax man off the table during an apparent garnishment crackdown. Banks are noting an increase in the number of garnishee notices they are receiving from the ATO in recent months, ...

We know you entrepreneurs don’t like depressing statistics. But if you’re the real deal, you’d be able to handle the truth. One in three of all Australian SMEs fail in the first year of operation, and within five years, the failure rate goes up to 74%. SME land is no ...

This edition we give an update on current issues for SMEs and the wider business world. Our team at FactorONE wishes you good luck for a great sales season, all the best for Christmas and the New Year and every success for your business in 2015. Greg Charlwood, General ...

MEDIA RELEASE October 28, 2014 National factoring business FactorONE has appointed experienced West Australian Gary Green to lead their team in WA, as an increasing number of SMEs look beyond the banks to source funding for their businesses. With more than 25 years experience ...

Spring Business Tips Our last edition came at the end of FY14, a period when business are busy getting their financials in order. Now we can look forward to FY15 with a clear head and the opportunity to seize the most out of all four quarters. Spring is an especially busy ...

PPSA Review As I write this, the Attorney General has ceased taking submissions for the review of the Personal Property Securities Act. The review was built into the legislation with the intention of ensuring that the Act was achieving its aim. It was also designed to consider ...

Scottish Pacific Debtor Finance’s CEO (Peter Langham) recently sat down with Accountants Daily to discuss debtor finance, trade finance and how business can use these facilities to support their operations. Watch the full video below:{embed:youtube:8eshPu4x8Xo} Via Accountants ...

Scottish Pacific has appointed leading national debtor finance executive Greg Charlwood as General Manager of its specialist cash flow solutions business, FactorONE. FactorONE was established in March 2011, initially in Queensland, to provide fast cash flow assistance to ...

According to Dun and Bradstreet commentary from October 2013, “Australian businesses are failing to pay their bills on time more often than not, with 60 per cent of invoices settled beyond the standard 30-day payment period.” Dun & Bradstreet's latest Trade Payments Analysis, ...

“I would consider factoring if it wasn’t so expensive. My business can’t afford it.” This is a view often expressed by business owners and decision makers who don't properly understand this type of finance and they are often taken aback by the response “Are you sure your ...

Excepts from an article by BRW in April 2013. No longer last chance lending ...General manager Peter Toohey has worked in the industry for nearly two decades and remembers when the financial arrangement was widely frowned upon. "Factoring was once seen as your last chance ...

Can my business afford not to use debtor finance? Debtor finance is a proven solution for businesses that want to focus on their core products and services without having to worry about cash flow. It is made even more appealing as in the majority of cases the only security ...