Edition 19 of ScotPac’s SME Growth Index report (October 2023) was released a few weeks ago and we’ve put together a list of insights that the Boost Business Loans team found most interesting. 61% of SMEs are planning to invest in their business in the next six months Almost two thirds of Australian SMEs plan […] The post Insights from round 19 of ScotPac’s SME Growth Index report appeared first on Business Fuel ..read more

The 18th edition of ScotPac’s bi-annual SME Growth Index report was recently released and we’ve collected what we think are the top 5 take-aways from the report. 1. Non-bank borrowing demand continues to surge “The continued surge in non-bank lending is a clear sign that SMEs increasingly value the timely access to working capital that […] The post Top 5 take-aways from the ScotPac SME Growth Index report appeared first on Business Fuel ..read more

This annual Pink Round Event raises funds for various charities such as breast cancer, women in sport, victims of floods, and more. The day was a fantastic success raising over $20,000 to support charities close the Burleigh Juniors Rugby League’s heart. “We are so pleased to not only sponsor and support kids sport but also […] The post Backing the Burleigh Bears Junior Rugby League Pink Round appeared first on Business Fuel ..read more

The instant asset write-off is a temporary tax deduction scheme available for all businesses with an annual turnover of less than $5 billion. The scheme has recently been extended to cover the 2022/23 tax year. Eligible businesses can now claim an immediate tax deduction for the full cost of qualifying assets installed or in use […] The post How Does Instant Asset Write-Off Work appeared first on Business Fuel ..read more

As more Australian small-to-medium businesses (SMBs) emerge from the grip of pandemic-related disruptions, some are building momentum for growth. According to Australian Bureau of Statistics figures, total new capital expenditure rose by 1.1% in the quarter to December 2021, with buildings and structures rising by 2.2%. Furthermore, as a report by McKinsey & Company points […] The post 6 money management tips to help your expansion plans flourish appeared first on Business Fuel ..read more

We’re excited to announce that Business Fuel is joining the ScotPac Group. Effective from 1 March 2022, Business Fuel has become part of ScotPac, this strategic acquisition by Scotpac will give us greater capacity to support more Australian businesses with the capital they need to thrive. For over 30 years ScotPac has been leading the […] The post Business Fuel joins the ScotPac Group appeared first on Business Fuel ..read more

We recently had the team from LIVIN present their Mental Health Education and Stigma Reduction Program delivered right here in Business Fuel HQ. It was great to meet two of their facilitators Luke and Al who, apart from being energetic and engaging presenters, brought with them real world examples and experiences making the discussion highly relatable […] The post LivinWell Workshop comes to Business Fuel appeared first on Business Fuel ..read more

GET IN THE MONTHLY DRAW TO WIN A SHARE OF $60,000 We support Aussie small businesses and want to help support their economic recovery so we’re at it again! Here’s your chance to get a share of $60k in our end of year New Business Cash Bonus Giveaway! Customers that have a loan funded during […] The post $60K End of Year Cash Bonus Giveaway appeared first on Business Fuel ..read more

Get ready now for end of year trade. While there’s a higher-than-normal level of uncertainty this year, if you’re a retailer the best time is now to start planning your run into the end of year. Here some areas for consideration for any industry based on what customers are coming to us for funding right […] The post End of Year Planning for Retailers appeared first on Business Fuel ..read more

Eleven Queensland local Government areas were declared a Commonwealth hotspot on 31 July 2021. If you are impacted, there is assistance available to you and your business. For me There are two payments accessible to individuals: the COVID-19 Disaster Payment; and, the Pandemic Leave Disaster Payment. How to apply for support You can apply for […] The post Lockdown Support for Queensland Businesses appeared first on Business Fuel ..read more