If you’re looking for a business loan to grow in 2017 or looking to re-evaluate your current funding, get to know these options.
Last year was a pretty big growth year for alternative lending sources outside of banks and this year you’ll see some stiff competition arise that’ll help you get the best possible rate.
Business Loan Guide,
Big corporates have been using invoice finance for decades. Modern SMEs can now revel in its benefits.
[eckosc_status_message title="SNAPSHOT" icon="fa-bolt" type="info" message="Invoice Finance is a widely accepted business financing tool that can be used if you invoice customers on credit terms. You can access funding from invoices today, rather than waiting 30,60 or 90 days for payments."]
You’ve romanticised about the valuation of your business before, everyone has at some stage.
There are times in the business lifecycle when valuing your business needs to be more than a fleeting thought experiment, e.g. capital raising, investments, divestures and sale. Business valuation is a deep and complex topic performed by people with sound knowledge in financial theory. The business owner is not expected to be skilled in this area however there are concepts the business owner should understand in order to assist them in conversations and drive their desired outcome (likely a higher valuation). First some base cases…
Businesses issue invoices to their customers for completion of good & services. Simple stuff however, it’s worthwhile taking a deeper look at what an invoice actually is.
Plainly stated an invoice is the promise of a future cash payment by a third party. In accounting and business parlance any future positive cash flow is labelled an Asset and specifically for an invoice it is a Current Asset as it converts to cash in the short term (e.g. payment terms NET 30 days). For many businesses in B2B industries, it is common place for the accounts receivable ledger to be the only asset of value on the balance sheet.
If you're new to Waddle & using QuickBooks Online, let's go over 3 things that will maximise the amount of credit available to you.
Not all businesses are ready to make the leap to storing their accounting data in the cloud. For those businesses that use QuickBooks online, they’re taking advantage of time and cost savings that Waddle brings to thousands of Australian QuickBooks Online customers through pure automation of all lending processes.
Ask yourself, how important is an email opt-in list to your business?
If the answer is no, then this post isn’t for you. If you answered yes then you’ll have some understanding of how important it is to grow your list of targeted followers that are actually interested in hearing your messages.
Sales & Marketing
Accountants and finance brokers can now offer a new powerful engaging experience with Waddle.
We know your clients mean everything to you. We designed the Waddle Partner Program to help you grow your financial advisory or brokerage, building rewarding relationships with your clients. Visit the partner page.