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Chris Allchin is a FactorONE Business Development Manager for VIC/TAS/SA

Broker approved benefits of factoring

Broker approved benefits of factoring
In almost all cases where an SME has tax arrears, the Bank will be unwilling to advance further funds to assist the business and/or they will often withdraw existing working capital facilities. This often severely impacts its cashflow. The reasons behind such actions are rarely provided, but the sti......
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Manage Cash Flow from Day One

Manage Cash Flow from Day One
Establishing a business will always come with pressure, but none more so, or more overlooked, than cash flow. 250,000 new businesses or start-ups are launched each year, in Australia. The start of a new business can be an uncertain time with many key factors influencing success – from writing a busi......
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The positives of factoring finance

The positives of factoring finance
There are many positives to utilising a factoring facility that can sometimes be overlooked. Factoring enables business owners to meet the goals they set, with greater efficiency. Below is a non-exhaustive list of reasons why factoring finance is the fastest-growing lending product in Australia......
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