Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Festive season turns frantic for SMEs

christmas shopping spending ta

christmas shopping spending ta
OnDeck 1 minute read

Promoted by OnDeck.

As Australians gear up for the peak spending period of the year, up to 58% of SMEs could be negatively impacted – but additional finance can often be the solution. And that means opportunities for brokers.

If Christmas 2019 is anything like last year, Australians will collectively spend around $51.5 billion between now and 25 December. Plenty of SMEs will be hoping a fair chunk of that spend goes through their cash registers. Surprisingly though, research by leading online SME lender OnDeck Australia shows that a holiday season isn’t always a cash cow for small businesses. Read more here.

Festive season turns frantic for SMEs
christmas shopping spending ta
TheAdviser logo
christmas shopping spending ta
more from the adviser
arrow decline Mortgage approvals take record hit

The full impact of the COVID-19 crisis has been reflected in the ...

digital interface ta Non-bank enhances broker tech functions

La Trobe Financial has appointed a new GM to head up origination...

wallet fee 850 Half of brokers report decreased revenue

New research shows that more than half of all small businesses ha...