Sources of fresh capital – other than banks!
Given the recent Royal Commission into the banking sector and their lending practices, using banks, as a primary source of funding and capital, may indeed become a challenge for some businesses. In the wash up post the Royal Commission, as part of their reconstruction, it’s highly likely banks will tighten up lending practices. For businesses that rely on fresh funding to fuel their ideas and growth, other financing options will need to be considered if they are to survive. W