The impacts of COVID-19 have significantly changed the business environment and raised challenges across the economy. While these changes will continue to have an impact, there are still opportunities for experienced finance brokers and mortgage brokers planning to diversify their businesses. Here we’ll go over some of the recent trends, where the opportunities lie, and how finance brokers can place themselves for future growth.
Trade finance is a broad term to describe various forms of finance used to facilitate trade, both domestically and internationally. Let’s look at some of the options available among trade finance providers and how they can make buying and selling products and services easier.
In late July 2020, the JobKeeper payment was extended by an additional six months to March 2021. Besides extending the program, other changes were made including lower payment rates. Let’s look at the details more closely to understand the JobKeeper extension. If you’re not sure if your business qualifies for JobKeeper, here we cover the latest updates.
Accounts receivable is the total amount of money owed to a business for goods and services delivered. When you sell a product or service to another business, you can send…
Return on assets is an indicator that helps business owners and investors to determine how profitable a company is relative to the total assets it owns. Using this ratio, business owners, managers or investors can determine how efficiently the company uses assets to create earnings.
The COVID-19 pandemic has led to major changes in how many people work, including remote working and increased flexibility. While these changes bring benefits, they also raise challenges that need to be addressed. Let’s look at the benefits and challenges of working remotely, and how to make it work.
Cash flow lending is one form of business finance that can help small businesses get the funds they need. Here we’ll define this type of funding and how it compares to its alternatives.
Working capital is crucial for any business, and using the working capital formula is a simple way to see how a company is performing. Before we look at the formula,…
Getting a business loan with no assets might seem like an impossible task. Fortunately, there are options for getting small business finance even if you don’t have property or assets to use as collateral. Here’s a rundown of what the terms mean, and what your options are for getting a business loan without collateral.
If you want to get capital for your business, there is a wide range of options. Let’s look at some of the options for obtaining capital for your business.
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