FactorONE Blog

Many small businesses dip their hands in their pockets and use personal credit to keep their SMEs moving, but there are smarter funding options. Mark Ryan, a director of Sydney small business Viking Legal Services, was regularly using his own credit cards to pay Viking expenses that were falling due......

No business owner wants to give their customers and suppliers the impression that they are struggling financially – particularly if this isn’t the case. This has long been a common misconception and can be an obstacle for companies considering factoring their invoices, where a business raises workin......

Businesses looking to improve their performance should consider refinancing and switching to another lender to improve their cashflow. A recent small business survey suggests that businesses are more likely to grow, and their chances of survival double, when they work with a finance provider who is ......

When credit is cheap the incentive to release cash tied up in working capital is reduced. This type of apathy from business owners who have access to cheap debt is evidenced by an increasing cash conversion cycle and debtor days which are essentially static at 55 days. Should business owners care ab......

We need to accept that Australia is now an energy economy and our relative standard of living is all about commodity prices. Therefore we should expect at least 2 years of adjustment to this new reality.The good news is that any further depreciation of the currency is good for investment and we can ......

Choose your lender carefully, it could be worth a lot of money to choose wisely. When deciding on a lender that fits best with your business there are many pitfalls to be aware of. In reality, you have invited a silent partner into your business who is protected by legal documentation - ultimately g......

The Western Australian economy has had its fair share of knocks and shocks over 2014, with more likely to be expected during 2015. But is WA isolated or any different from the rest of Australia? WA is confronting the perfect storm where macro- and micro-events are combining to wreak havoc on both th......