Small Businesses often get turned down for Loans by Banks. How to avoid this rejection!

Posted by Azure Group on 12-Jul-2018 08:33:59

 

The most common facility that SME’s turn to for finance is banks. Unfortunately many small businesses get turned down by the banks for loans. There are a number of reasons for this, here are the main ones and how to avoid them.

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Topics: Business banking, Banking, banking solutions, Business banking manager, Business loans, Small business loans, Azure Group News, Bank, cashflow, Business Growth & Cashflow

Small business, big attraction: Can Small Business Banking be personal?

Posted by Azure Group on 03-Jul-2018 08:36:17

 

Small businesses are the lifeblood of this country. Making up 99% of businesses and employing over 50% of the workforce yet they seem to mystify the banks. Despite their strong hold on the Australian economy most banks struggle to generate strong returns and therefore don’t always have a great relationship with them.

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Topics: Small business loans, small business, Business banking, Business banking manager, banking solutions, Bank, NAB, Westpac, ANZ, CBA

7 Basic Loan Requirements: Know what Lenders are Looking for

Posted by Azure Group on 26-Jun-2018 09:51:36

 

There are many options for getting the funding to launch or expand a business, and the criteria for each lender will vary. However, there are some fundamental elements that all banks and lenders will look for when assessing your loan application. Here are 7 basic loan requirements and how you can prepare your business meet those requirements.

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Topics: Business loans, Small business loans, Loan application, Business banking, Business banking manager, Bank, banking solutions, Banking

How to amaze a Business Banking Manager: Be a Perfect Customer

Posted by Azure Group on 25-Jun-2018 14:18:09

 

Ever wondered what a bank wants from a customer?  Banks may seem unreasonable at times, but the truth is, what they want is actually pretty simple! Here is our guide to be being the perfect bank customer.

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Topics: Business loans, Business banking manager, banking solutions, Bank, Bank covenant, Sydney Accountants, NAB, Lenders, Westpac, ANZ, CBA

3 Keys to a Stronger Relationship with your Bank

Posted by Azure Group on 12-Jun-2018 13:01:00

 

Running and growing a business presents the owners and managers with numerous challenges on a daily basis. Some of these challenges are completely out of the hands of the business, unforeseen and uncontrollable. So when there are challenges that can be minimised and even turned around to be a business asset these are the areas that must be identified and capitalised on. This can make life easier, stresses less and remove road blocks from growing and expanding your business. #bankingnews

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Topics: Bank, banking solutions, Business banking manager, Small business loans, Banking, Business banking

How do Banks compete with FinTech and other Lenders to keep their customers?

Posted by Azure Group on 30-May-2018 07:00:00

 

Once upon a time the only finance options were banks. Today, that isn’t the case, and there are a number of new financial technologies that are gaining traction in Australia. So are these new options better than traditional banking? In this article we explore the different options and help you unpack what the best choice is for you and your needs.

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Topics: Lending, Lenders, Business banking, Small business loans, Business banking manager, fintech, Banking, Bank, Westpac, CBA, ANZ, NAB