ScotPac Archives

lending, small-business, borrowers

Majority of SMEs tapping multiple lenders for their working capital

Two-thirds SMEs say that ease of credit approval was the leading factor for choosing a secondary provider, while 37 per ...
national minimum wage

Wage increases forcing SMEs to reduce hiring activities

70 per cent of SME owners plan to reduce their hiring of new employees and 64 per cent plan to reduce employee hours or ...

SME growth predicted to hit seven-year high

Although it was clear that rising costs were taking a toll on business owners, the resilience of SMEs was again on displ...

SMEs looking to work with more Australian suppliers

The global supply chain challenges of the past three years have sharpened the focus on inventory management for SMEs.
value, projections

SME growth projections hit seven-year high

ScotPac believe that this week's Federal Budget will be critical to SME confidence in the next 12 months.
non-bank, loans, payday loans, business loans, bank loan

Small businesses’ preference for non-bank lending hits record high

Of those SMEs not considering a non-bank lending solution, 41 per cent cited a lack of familiarity with the business or ...