Short-term business finance for company expansion, acquisition and property development
Accrutus Capital helping fund your short-term cash flow gaps and long-term growth strategy.
Short-term Business Loans
Short-term business loans inject working capital or opportunity funding into growing small businesses. Accrutus Capital facilitates small business with multiple finance options through unsecured loans based on business turnover and receivables.
Most companies will need to access short-term business loans to navigate cash flow highs and lows while maintaining its operations. Understanding how and when to use asset backed or unsecured short-term business loans is vital to your profitability and survival.
Short-term Business Loans Alternative
Alternative source of financing from peer-2-peer private lending and investment. Companies can issue debt securities to raise finance from $200K to $5 million. Ideal for for early-stage and established companies. Suitable for small-scale property development projects for land acquisition and stage one commencement.
Short-term Business Loans Options to $200K
- Merchant Cash Advance
- Unsecured Business Loans
- Unsecured Working Capital
- Invoice and Trade Finance
- Capital Raising
- SME Bonds
- RESI Bonds
Short-term business loans for SMEs owed $26B
Big companies and governments are sending small businesses to the wall, owing at least $26 billion in unpaid invoices.
The Australian Small Business and Family Enterprise Ombudsman is launching an inquiry into payment times and practices which impact on the livelihoods of almost five million Australians who are involved in small business.
Research has shown 90 percent of small business failures are due to poor cash flow. Small business ombudsman Kate Carnell said small businesses were more frequently falling victim to the unscrupulous payment practices of some big businesses and governments.
‘From stipulating unfair payment terms in contracts, to simply not honouring agreed payment times, some big businesses are actually treating the little guys as banks by forcing them to provide interest-free loans in the form of late paid or unpaid invoices,’ she said. ‘Chasing overdue payments causes stress and anxiety; it’s a waste of time, and it fundamentally stymies growth by forcing the business to focus on surviving rather than thriving.’ (full story – Sky News Business National 2016/11/16).
Small Business Tax Debt to be Revealed to Credit Agencies
The tax man will now disclose small business tax debt information to credit reporting agencies under a new measure announced in the federal government’s mid-year budget update.
The measure, which comes as tax debts to the Australian Taxation Office hit almost $20 billion, will initially apply to businesses with Australian Business Numbers and tax debts of more than $10,000 that are at least 90 days overdue. The revelation was made in this week’s release of the midyear economic and fiscal outlook (MYEFO) by Treasurer Scott Morrison.
According to the ATO’s latest annual report, the total level of collectible debt as of June 30 was $19.2 billion. It said that $1.7 billion in debt was written off as “uneconomical to pursue” (up from $1.4 billion the year before).
The ATO has been under pressure to move faster to recoup escalating tax debts. Small businesses make up the majority (65.2 per cent) of taxpayers with debts, and according to the ATO remain “a key area of focus” since just 72.3 per cent of of small business tax liabilities got paid on time.