Trade, procurement and inventory financing
To assume there are only a few intricacies in funding a business in a turnaround scenario is a serious miscalculation. Companies in these situations have a variety of problems that range from being out of compliance or default with existing lenders to overdue trade payables, ATO taxes and missed sales opportunities. What happens when the […]
Breaking into a corporate retailer can be a game-changing turning point for your business. Blood, sweat, and tears are often shed while developing your product and getting it to market. At last, you have your chance to sell volume. Before you start ordering single malt whiskeys (We like Balvenie 50-Year-Old Single Malt Scotch Whisky, fetching […]
Kicking off a new business, often because of securing either a distribution deal or orders from a large corporate can be exhilarating. If you haven’t imported or manufactured before and are about to cut your teeth negotiating with large corporate buyer terms, the waters can suddenly become murky. When we first deal with new businesses […]
Import finance is the working capital that is used to bring goods into Australia or shipped from an overseas supplier directly to a foreign buyer. Import transactions can be a significant drain on cash-flow. The delays and impact on operations often result in money being paid out long before the goods are delivered. As well […]
Many Australian wholesalers start by manufacturing overseas and deliver to local buyers. But what happens once you start selling to foreign buyers as well? How do you fund your orders, deliver and offer credit terms to win orders? Here’s the scenario: You receive interest from a buyer in the United States to distribute your products. […]
Funding inventory internally or from external debt sources is a key component for any manufacturer. Having capital tied up in inventory is a balancing act of fulfilling work in progress, understanding your cash conversion cycle and ensuring that you have adequate funds for the entire operation to run efficiently. The process of transforming finished resources […]
The business ecosystem’s unpredictability is compounding at an astounding rate. New competition appears every day, technology is driving rapid innovation and businesses struggle to stay afloat. The median life expectancy of an ASX 500 company is now only 10 years (Australian Institute of Company Directors). Companies are now aware that cash is crucial to funding […]
Image credit: Michele Marconi Arguably the hardest time to source working capital is in the first two years of trading. Growing a new business exhausts profits with wages, advertising and fixed costs. Compounding the issue is the need to show profitability if you’re seeking to raise capital from banks to expand. Traditional lenders are more concerned […]
