Tag: Credit Report

We asked our experts how to build a solid business credit profile in this week’s edition of Let’s Talk.

In a perfect world, suppliers would prefer to be paid cash up front. However, in reality, the world works on credit. Trade credit is inevitable and so is the debt that comes with it. For most businesses, trade credit is essential for growth as businesses don’t have to pay suppliers on the spot but rather with […]

When running a business, it is more than likely that at some point you will need a loan. This may be a short-term solution to cash-flow, a means to buy new equipment, to fund the expansion of your business or to break into new markets, or to refurbish parts of your business. Business loans are […]

With companies increasingly defaulting on payments, going into administration and getting wound up by the ATO, small to medium businesses are more vulnerable than ever to bad debtors. To safeguard their bottom line against slow and non-payers, it is necessary for businesses to perform due diligence on their customers and otherwise maintain an effective credit management system. Our […]

Many SMB owners think that that debt management is frustrating, repetitive and even awkward, but it doesn’t have to be. When approached with professionalism and a clear plan of attack, the right debt strategy could save weeks’ worth of work per year, while also doubling or tripling working capital. So, why isn’t everyone doing a […]

Attorney General, Senator George Brandis has requested the Credit Reporting Privacy Code be changed so the current five-day grace period for late payments be extended to 14 days.

A report by the Australian Retail Credit Association (ARCA) has found that Australians are largely positive about the new credit reporting system set to be introduced next month.

A new initiative launched today by the Australian Retail Credit Association (ARCA) aims to demystify consumer credit history.