Fundamental Business Finance
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Supporting the financial needs of small to medium business across Australia. At Fundamental Business Finance our purpose is to partner with small to medium businesses to provide personalized advice and funding strategies to grow strong and sustainable businesses.
Fundamental Business Finance
1y ago
Open banking is here and it’s charging full steam ahead. So just how are lenders and fintechs using your shared data in this brave, new, data-fuelled world? A new report has shed some interesting insights.
The post Open banking is ramping up, so how are lenders using your data? appeared first on Fundamental Business Finance ..read more
Fundamental Business Finance
3y ago
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Fundamental Business Finance
3y ago
Here's some promising news for big and small businesses alike: six-month loan deferrals are now available to larger businesses on the condition that they don’t terminate leases or evict tenants for falling behind on their rent due to COVID-19.
The post Further protections for businesses: loan deferral scheme extended appeared first on Fundamental Business Finance ..read more
Fundamental Business Finance
3y ago
This is one article we hope you never have to read. But if COVID-19 has impacted your income to the point where you may need to pause your mortgage repayments, then we’ve broken down the banks’ deferral policies for you.
The post Need to pause your mortgage repayments? Here are the banks’ deferral policies appeared first on Fundamental Business Finance ..read more
Fundamental Business Finance
3y ago
If your small business is being affected by the coronavirus your loan repayments will be deferred for six months, says the Australian Banking Association (ABA).
The post Loan repayments deferred six months for small businesses affected by COVID-19 appeared first on Fundamental Business Finance ..read more
Fundamental Business Finance
3y ago
The Reserve Bank of Australia (RBA) has cut the cash rate to a record low of 0.25% following an emergency meeting due to the impact the coronavirus is having on the economy.
The post RBA cuts cash rate to record low 0.25% amid COVID-19 outbreak appeared first on Fundamental Business Finance ..read more
Fundamental Business Finance
3y ago
Homeowners who have had their income impacted by the coronavirus outbreak are being encouraged to seek out hardship options with their lender.
The post Homeowners impacted by COVID-19 encouraged to contact lender appeared first on Fundamental Business Finance ..read more
Fundamental Business Finance
3y ago
Small businesses all around the world are facing uncertain times. However, rather than shutting up shop until COVID-19 passes, the federal government is hoping to stimulate SME spending through a raft of initiatives and tax incentives.
The post The coronavirus economic stimulus plan for SMEs explained appeared first on Fundamental Business Finance ..read more
Fundamental Business Finance
3y ago
SME owners concerned about the coronavirus outbreak impacting their cash flow are being urged to talk to their creditors as soon as possible.
The post SME owners impacted by coronavirus urged to contact creditors appeared first on Fundamental Business Finance ..read more
Fundamental Business Finance
3y ago
The Reserve Bank of Australia (RBA) has cut the official cash rate by 25 basis points to a new record low of 0.50% as the coronavirus outbreak impacts global financial markets.
The post RBA cuts cash rate to record low amid coronavirus concerns appeared first on Fundamental Business Finance ..read more