Launch of CreditSME Borrower Score calculator
CreditSME is pleased to launch the online CreditSME Borrower Score calculator for businesses. This score out of 100 and based on the company’s high level financials and industry specific factors is designed to give businesses a tool to assess how they will be assessed by prospective lenders. This score is particularly useful for businesses when […]
Business loan preparation in a digital marketplace
Business loan guidelines still tell us that the essential ingredients of preparing for a business loan are the old favourites such as getting to know your local bank manager before you need a loan and preparing a detailed business plan. This still applies for certain loans though given the progression in the business loan marketplace […]
Best interest rate on my business loan
As appeared in Dynamic Business. With the emergence of a range of new funding sources for small and medium sized businesses, it’s crucial to understand what your company’s debt funding options are and the most competitive interest rate you will be able to obtain. The following sets out the broad categories of the different funding […]
When should you use a CFO?
Guest post from virtual CFO Thomas Taylor of T2 Consult Have you noticed that there seems to be a bunch of new Outsourced CFOs about? This is a great thing, I think there needs to be a lot more of us. That’s because there is a big gap between the sort of advice businesses can get […]
Fintech working with banks and borrowers in SME lending
As appeared in Dynamic Business CreditSME, a credit scoring and lender match platform, has recently launched in the Australian market and is working with both lenders and borrowers to create a streamlined process for small and medium sized businesses to obtain finance. Partnered with a wide range of lenders, from the major banks to alternative financiers, CreditSME ensures […]
Bank, online lender or peer to peer platform to fund my business?
As appeared in Dynamic Business. With the increasing number of debt financing alternatives available to small and medium sized businesses, should businesses be bypassing the major banks and going to straight to these alternative lenders and platforms? For some businesses the answer will be yes though there are a number of considerations that must be […]
New platform helping SMEs get funded
As appeared in Inside Small Business. CreditSME provides a credit rating on small and medium sized businesses that is based on a number of factors specific to the business and the industry in which it operates. CreditSME has recently launched in the Australian market and is being well received by both businesses and lenders. CreditSME […]