Based on estimates almost 240,000 Australian businesses are at risk to fail when current Government support such JobKeeper adjusts come 1st October. Further to that, 30% of small businesses and 24% of medium businesses have less than 3 months in cash reserves.
Will you be looking to build security around your working capital position?
The Overdraft can assist with funding for any business purpose:
- Wages or hiring more staff
- Marketing or operating expenses
- General working capital and liquidity
- Purchases of stock and materials
- Project/job funding
- Repairs of equipment or premises.
Please give me a call on 0423 466 330 for a chat about what you and your business need.
Business Finance Specialist, Fairway Finance