Okay, that might be an understatement, especially if you're trying to get funding from a big bank (and get it quickly!). Accessing funding from banks is a slow and arduous process and sometimes accessing funding from non-bank lenders can also be a bit painful.
How does the accounting profession perceive data and utilise it to access funding? One of Australia’s online lending platforms to small business answers this question.
With Christmas right around the corner, now is a great opportunity for SMEs to drive business. Here are a couple of things to consider to make your silly season less stress, more success.
We spoke to Moula partner, Rob Green, founder of Sterling Business Accountants in Geelong, Victoria, who shared his experience on working with Moula and how he ensures the process for his clients is as easy as possible.
Batman probably isn’t a small business owner (as far as we know). But if he was, he’d be using Moula. How do we know this? Well, there are a few clues...
Knowing the true cost of a business loan is complicated, see how you can be fully informed so you can truly compare apples with apples.
We spoke with our partner Kerry Hargreaves from the Book Balancer about her experience referring a client through Moula’s Partner Program.
The increasing number of alternative finance providers in Australia has led to many SMEs switching from the traditional financiers to quicker, faster solutions offered by industry disruptors. This is exciting news for small businesses, but it’s also opening new doors for accountants.
Ever take out a loan with hidden fees? If you think the answer’s no, then think again: chances are that you’ve paid these fees before, but didn’t realise, as they were carefully hidden inside the fine print. Which is why they’re called hidden fees.
You got into business because you had an idea or an opportunity that you couldn’t ignore, not because you love organising your business’ finances, right? (Unless you’re an accountant, in which case you’ve got an unfair advantage here...)
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