FactorONE Blog

Despite record low interest rates and borrowing costs for SMEs, there was a pronounced increase in the number of company insolvencies during FY15. This fact is fairly obvious when you have a quick look at the official statistics recently published by ASIC. The latest figures reveal 2,734 companies e......

Many SMEs falter at the point of expansion because they have a limited understanding of its cash conversion cycle and find themselves unable to raise capital or other sources of funding. For an SME to grow profitably it must come to grips with two key factors on its Balance Sheet. The first is worki......

In the context of banking history, “workout” areas are a relatively new phenomenon. In the early 1990s, many of the major banks around the world started to take a different approach to customers that had fallen on hard times. Rather than simply asking them to find another bank and giving them an exi......