Access to the right type of finance is just as important to small business survival as it is to have money in the bank. Learn how to size up the different sources of finance available at this workshop that will guide you through a website of resources put together by the Australian Bankers’ Association and accounting industry group CPA Australia to help you get your application over the line.
Prepare to get yourself up to speed about where – and how – to source the right finance for your business at this interactive workshop that will introduce the Australian Bankers’ Association website on financing small business and the many resources this website offers. Get to the bottom of the advantages and disadvantages of different sources of finance available and what you can do to give your loan application the best chance of success. Find out where to access advice that will guide you through the application process, what questions to ask, common mistakes to avoid and how banks assess loan applications. Find templates to support your application, including business case assessments, cash flow forecasts and business plans and be guided through next steps once the loan is in place, including how to manage your relationship with the bank and what to do if you want to swap. The Australian Bankers’ Association has created the website specially for new and established small businesses to help them locate sources of finance, and to provide the tools, checklists and templates that will help them prepare to apply for it. Delivered by a small business financial expert, this essential Small Business Victoria workshop is one of many that have helped businesses in Victoria get started for more than 10 years. Learn how to: • Common banking terms • The five ‘c’s of credit • All about common debt products • What to consider when choosing finance • How the banks assess loan applications • How to apply for a loan • Common mistakes to avoid • How to managing the bank relationship
2 Fawckner Drive