SME financing unfair, study needed: ACCI

An Australian business lobby group has called for a study into financing for small businesses, suggesting SMEs are taking an unfair hit on restricted access to finance, and the growing relative cost of small business finance.


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Glad to see that someone else has noticed!!! Let's hope that the frustration and heartbreak, caused by financiers, out there in Small Business Land is recognised and corrected promptly. It would be interesting to know how many small business owners missed out on the incentive packages provided by the Australian Govt in 2009, purely because of hold-ups with accountants (who are struggling to keep up with the increasing levels of reporting now required) and banks/credit unions/finance companies. Despite conscientious efforts to meet tax deadlines and capital expenditure deadlines, I've heard there were many who simply were let down by providers.

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