| How Credit Card Balance Transfers Can Damage Your Credit Rating Since the banks and finance providers have been castigated for the way they seemingly indiscriminately awarded credit to people who could ill afford it, the chances of being accepted for loans and credit cards have decreased. Concurrently, there is a greater focus on individual's being aware of how credit works and what their financial behaviors means in terms of a credit score and history. - read more
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| Credit Card Secret Guarantee Most people use credit cards in some form or another but few truly appreciate one of the special features of credit cards that make using their credit card to insure their purchases. - read more
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| 5 Credit Killers A good credit score speaks volumes about your financial habits. It's the evidence most creditors need to evaluate your credit worthiness. - read more
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| 7 things you need to know about a Hire Purchase loan There are seven things you should know before you ever think of getting a Hire Purchase loan. Knowing these things will give you control and power in the loan process. Power and control will will save you money - read more
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| Austal Limited's $100 Million Loan Fuels U.S. Shipbuilding Expansion Sun, 26 Oct: In a significant development for the Australian marine industry, Austal Limited has secured a $100 million loan from Export Finance Australia (EFA). This funding is designated to support the expansion of Austal's shipbuilding operations in Mobile, Alabama, specifically for the Final Assembly 2 (FA2) project. This initiative aims to enhance the company's capacity to construct vessels for the U.S. Navy and Coast Guard. - read more
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| Marinex Underwriting Enters Australian Market to Offer Specialized Marine Insurance Sun, 26 Oct: Marinex Underwriting, a new marine underwriting agency, has launched in the Australian market to address complex marine insurance needs. Backed by global specialty insurance distributor Amwins, Marinex is a shared equity agency co-founded by industry veterans Janelle Karnib, Chris Kelly, and Ainsley Smith. - read more
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| Australian SMEs Shift Towards Non-Bank Lenders for Growth Financing Sun, 26 Oct: In a notable shift within the Australian small and medium-sized enterprise (SME) sector, a recent survey indicates that 57% of SMEs anticipate an average revenue growth of 8% by March 2024. This optimism is accompanied by a growing preference for non-bank lenders, with 47% of SMEs now seeking financing outside traditional banking institutions. This marks a 50% increase since March 2022, highlighting a significant trend towards alternative lending solutions. - read more
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| Cash Flow Concerns Escalate for Australian SMEs Amid Economic Strains Sun, 26 Oct: Australian small and medium-sized enterprises (SMEs) are currently grappling with significant cash flow challenges, as highlighted by a recent survey commissioned by the Commonwealth Bank. The findings reveal that nearly 80% of SMEs have experienced cash flow impacts over the past 12 months, primarily due to declining revenue, low cash reserves, and seasonal fluctuations. - read more
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