Call for alternative SME funding sources

The WA Small Enterprise Network is calling on the government for policies that encourage greater use of alternative funding sources as small businesses continue to face difficulties in accessing credit.


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Read the whole reply not just the beginning. Small Businesses are a bunch of thieving conniving scoundrels. They open businesses, put their lives into them, risk every cent they have and that includes the family home etc. Their resumes show that they score full marks for balls, broken relationships, neglected home lives but they hang in there and at some stage they go to banks as a last resort before the predators skin them alive and guess what....The banks are risk averse. Yep the banks fell to the super sharks but the human side of banking is subject to risk averse policies when it comes to humanity. Tax the banks 15% of their profits that go into a managed fund that supports any small business with my above qualifications and who cares if they write it off. It's sure to happen to an extent but the qualification is time in business, credit history and a few other factors. Ned Kelly need not apply. Unfortunately the banks treat their business customers as the lowest common denominator and no one has told them that Ned Kelly is dead.

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