For the first time in many years, people in general can take an opportunity of a low interest rate and low dollar. When our Dollar was high, most Australians took advantage of this by travelling. Great for the family, but our money was spent overseas. Thus our tourism suffered, our retailers, no movies where made here, etc. Now the dollar has slumped.
This is great news for business. Our Business community can finally compete on a global scale again. For business owners, new and existing, means that they can buy more stock, produce more goods, and quickly take advantage of the market. So you look at your cashflow, and you have none. You have been selling to clients, good and bad, to make ends meet.
Now you have a debtors ledger that is aging and you can’t take advantage of purchasing stock. Some would say borrow against your house, get those line of credit loans, get an overdraft, borrow from anywhere. That is great if you can, but in most cases, you have already to survive the market.
TDFC has the solution! For more information about how we can help you improve your business cash flow call us today!
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