FactorONE Blog

The period following on from the festive season is a particularly challenging time for any SME business. It is easy to get caught out after a long, slow period from a cash flow perspective over the post-Christmas and New Year lull. Then, to make things even more difficult, the first BAS tax payment ......

Getting loan finance for your business can be exhausting. You have to update your business plan and your accounts, explain your operation to a lending team, educate them about your market, and inspire them with your vision. It’s no wonder many business owners don’t want to go through the process aga......

The widely welcomed cut to the small business tax rate has come with a sting in its tail. The changes will put pressure on business owners to pay out retained earnings sooner than they might have otherwise planned, to give shareholders the benefit of existing franking credits before they lose some o......

Treasurer Scott Morrison announced in MYEFO last December that the ATO plans to disclose tax debt information to credit reporting bureaus from 1st July 2017. The ATO will disclose to credit reporting bureaus the tax debt information of businesses who have not effectively engaged with the A......

Improving your business’ credit profile can save a lot of money in the long run. A good credit profile means you’ll pay less in interest costs and financial institutions will be more likely to lend money to you when you need it. A bad credit profile means the business may encounter issues accessing ......