Scottish Pacific fails in A$1m meddling claim

A Federal Court judge has thrown out a A$1 million-plus legal action by Sydney-based business financier Scottish Pacific against rival Benchmark Debtor Finance and its managing director Peter Langham.

EFIC provides financing guarantee for Bangkok aquarium

The Export Finance and Insurance Corporation (EFIC) announced today that it has provided a 300 million Thai Baht (A$10 million) Export Finance Guarantee to DBS Thai Danu Bank Public Company Limited (DBS) to support Australian operator Oceanis Hold

Factoring firms – a report

About 25 providers in Australia offer cash-flow finance, in the form of both invoice discounting and factoring, where the factor also manages the sales ledger and collection of accounts.

Cashflow a problem for small business

Cashflow has emerged as the biggest concern for South Australian small businesses, according to a survey carried out by Intrinsic, “Small Business Pressure Points”

Figures point to cooling economy

Lending figures today pointed to a further slowing of the Australian economy with a sizeable drop in commerce finance in November.