Founder and director of Cupcake Central, Sheryl Thai, started her career in Information Technology. But when the Global Financial Crisis hit in 2009, she lost her job and decided to pursue her dream of opening a cupcake store. Eight years later, she has 5 stores across Melbourne.
When it comes to comparing small business loans, it’s easy to get confused. If you try to compare loans from several lenders, it’s difficult to understand what you will actually pay and which one is the best deal. This is because there has not been a standardised way to assess the cost of a small business loan – until now. SMART Box™ is a simple tool for disclosing standardised pricing of small business loans. Let’s look at how SMART Box™ works and why it has been developed.