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Australia’s largest non-bank SME lender has warned that small businesses might face unintended consequences from the efforts to shut unfair supply chain finance programs.

The average SME is waiting 56 days to be paid – almost double what Ombudsman Kate Carnell is seeking big business to commit to – and it is smaller businesses who are most impacted.

February 12, 2020 - Using the ATO ‘as a bank’ by not paying tax commitments on time comes with new risks for SMEs, national business funder Scottish Pacific has warned.Scottish Pacific senior executive Wayne Smith said many business owners are not yet awa
A disturbing 1 in 5 owners regularly dip into their own pockets to fund their business, while almost half occasionally do, prompting calls for SMEs to seek better funding options
This initiative makes Scottish Pacific the only specialist working capital provider with the ability to support businesses with borrowing requirements from $10,000 to $30 million
European Patent Office (EPO) honours Australian immunologist Ian Frazer and the late Chinese cancer researcher Jian Zhou for developing world’s first cervical cancer vaccine, Gardasil
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