Finance

Working capital is vital for every business – if you don’t have enough, it can be a problem, but too much will stifle your growth.

The NSW government is ‘considering’ additional support for small businesses in lockdown, but delays and uncertainty are causing frustration.

Invoice financing fintech Butn is set to list on the ASX tomorrow in a $20 million float, giving it a market cap of $80 million on debut.

Big businesses that win lucrative federal government contracts will soon be required to pay their own suppliers within 20 days, in the latest move by the government to address late payments to small businesses. 

MYOB has struck a partnership with B2B funder and fintech Butn, allowing small businesses to access invoice funding at the click of a button.

An increasing number of fintechs are offering SMEs alternative cashflow solutions, such as invoice financing or credit for B2B payments.

BNPL provider Zip Co is making a play in B2B payments, with a new service allowing SMEs to pay off all kinds of expenses in installments.

With Jobkeeper due to end in March and thousands of businesses still struggling to make ends meet, it is more paramount than ever to be aware of potential supplier hopping customers.

Need to forcast your cash flow for the next 13 weeks? Plus users can download this usable template, and fill it in with their own business information to better plan ahead.

Payments fintech Butn has raised $12.5 million in pre-IPO funding, for its tech tapping into the pay-on-demand trend in the B2B space.