SMEs should leave the big banks behind to get ahead
Adrian Floate
16 March - 5 min read
The last few years saw unprecedented levels of capital flow into Australia’s economy. While measures such as JobKeeper and the RBA’s Term Funding Facility (TFF) boosted cash flow and provided a safety net, it didn’t mean that every business needed to borrow at the time. With product supply issues, interest rates rising and the likelihood of a recession growing, SMEs need to proactively secure finance facilities. And they can’t rely on the big banks to help them.
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