What is on the horizon for business finance?

Updated On November 7th, 2023By Dynamoney

As Quarter 4 is already here, it is time to look at what is on the horizon for the remaining couple of months. The end of the year means the festive season, and naturally this means a very busy period for the majority of small and medium sized businesses.

What comes with a hectic quarter, especially after some tough previous quarters, is always going to impact a business’s operations and possibly their investing and operating cash flow. We know that this means a likely increase in business using finance options for a huge range of reasons. So, what’s on the horizon for business finance for the rest of 2021?

Firstly, looking overall at the finance space, many are optimistic. However, there is still a chance of negative economic growth as a result of a tough last two quarters, and the restart of the economy in Australia’s two largest capital cities.

27.5 percent of SMEs are reporting healthy cash flow, while72.5 percent reported having cash flow problems. Many pointed to extended payment times as the primary reason for these cash flow issues among small and medium sized businesses. The probability shows that if SMEs didn’t have to wait, they would be able to hold onto an additional 42.8 percent of their working capital. This reinforces the importance of the cash flow cycle on small and medium sized businesses. Which is the reason most business owners begin to look for funding solutions, in order to smooth our cash flow, while they are waiting for payment.

Business finance is continuing to change, especially in this economy and we all need to keep up to date.

So with the potential of a ‘double-dip’ recession, asset markets are booming, and low-interest rates have helped drive billions of dollars’ worth of investments into shares and property. All of this is looking to lead to an increase in business finance. So, what’s on the horizon is growth and possibly a huge percentage.

Small and medium sized businesses will be looking for more business finance options in quarter 4, in order to balance their cash flow during the busiest time of the year. The hardest part of this, for any SME, is searching for and selecting the right business finance option. Often SMEs will find it difficult and time consuming to even be humoured by a big bank lender for a loan. This is why small and medium sized businesses can find a better range of tailored finance solutions at a non-bank lender, such as Dynamoney.

Dynamoney caters specifically to serving SMEs and their business finance needs. Whether you are after a business loan, invoice finance, trade finance or asset finance, Dynamoney will have a tailored option that will fit perfectly into your small or medium sized businesses budget and needs. Your best option is to be prepared and ready for the busiest quarter of the year, by knowing your options and what is available for your business, from Dynamoney. To find out more, talk to the Dynamoney team today, call 1300 001 420, or if you are ready to move forward, then apply now.