News

Inflation is a term thrown around a lot in the media and by economists, but what does it actually mean? Inflation can be defined as a sustained increase in the general level of prices for goods and services. It is measured using the Consumer Price Index (CPI), which looks at the changes in prices of […]

Now that Australia is recovering from the ongoing economic impact of COVID-19, state governments are looking at ways to phase out land transfer tax, better known as stamp duty. Stamp duty is a large and inconsistent tax, totalling $23.97billion across Australia during FY2020-21 alone (or a 5th or revenue). With each state, except for Victoria, […]

The team from Ledge are proud to be participating in The Push-Up Challenge this month to raise funds for Lifeline WA’s mental health and crisis support services. The challenge will run until 24 June and we have already completed close to 10,000 push ups! We have found the challenge to be a fantastic way to […]

There is a transition happening in business, where baby boomers are reaching retirement age and can either: Sell their business to a competitor Sell part or all of their interest to key employees Undertake formal succession to the next generation With the value of equipment currently at historical highs, it is the perfect time for […]

Australian financial markets are constantly changing and with these changes comes a new lending environment. One aspect of lending that remains the same is the use of financial covenants. This article is an extension from our blog on Gross Leverage Ratio as we explore other common financial covenants used by banks. In this blog we […]

The Western Australian Government has announced a $72 million package for businesses impacted by the Level 2 public health and social measures. The package includes: The Small Business Hardship Grants Program Payroll tax relief for large hospitality businesses COVID-19 Commercial Sporting Franchises Support Program Read on for more information, or contact your Ledge account executive […]

Trade Sanctions / Embargos In light of the Russian / Ukraine conflict, its timely to review and understand the potential impact Sanctions may have on your business. Most of us will have a basic awareness of what sanctions are, and that they can be applied from Australia mirroring UN Security Council Resolutions as well Australia […]

Diversity is an important part of our society – no matter where you go in the world. Now more than ever, different places are doing what they can to ensure a risk-free and unbiased environment for everyone. This is just as important when it comes to workplace diversity. Plenty of research and discussions have been […]

Mitigating Risk with Trade Credit Insurance Insolvencies in the Australian construction industry jumped almost 40 percent in the 3 months to December 2021 when compared to the September period, with construction making up about a quarter of insolvencies across Australia. Businesses in the industry are struggling with not only a stretch in supply chains and […]

Whilst the RBA Cash rate is a market indicator, banks are not sourcing their funds from the RBA at this rate. The bank’s cost of funds is a complex situation unique to each of their respective positions, and the pricing of the various types of finance facilities they offer, be them fixed or variable, is […]

When you’re starting or expanding a business, one of the most important decisions you’ll make is where to set up shop. If you’re looking for commercial property, it’s important to know what to look for and how to get the best deal from the finance side of things. In this article, we’ll give you tips […]

The next 12 months will be a defining period for Western Australia, as the nation’s most isolated state faces significant challenges and looks forward to new opportunities. The last two years have been challenging across Australia, with COVID-19 wreaking havoc on business finances across the global economy. However, WA’s economic activity and geographical location have […]

Western Australia has seen a number of major infrastructure projects take shape over the last ten years and 2021 wasn’t any less disappointing. The extension of Tonkin Highway, the Forrestfield-Airport Link and Claremont Station upgrade are just a few of the local projects in Perth. There is a large pipeline of projects continuing into 2022 […]

The 2020 – 2021 financial year saw $5.5 billion additional working capital locked up in the Australian market. McGrath Nicol’s 2021 Working Capital Report revealed this along with many other points as they profiled the working capital performance of 137 ASX listed companies. These companies span across seven capital intensive industries and have a combined […]

Most business owners would agree that it can be quite stressful when trying to remember key dates throughout the year. For this reason, we have prepared a list for you to refer back to for 2022, including bas due dates, bas lodgement dates and PAYG instalments just to name a few: January 2022 15 January: […]

With ESG becoming increasingly important for businesses across all industries in Australia and around the world, it is vital to create a robust ESG strategy. As a sequel to our latest blog on ESG: what it is and why it should matter to your business, this blog looks at the benefits a strong ESG proposition […]

We all know that businesses need cash to fund growth, but there are many ways to acquire such funding. In this blog, we explore 5 sources of finance for a business to fund and grow your balance sheet, including overdraft, equipment finance, long term debt and surety in lieu of bank guarantees. Overdraft/Working Capital Facilities […]

Are you a commercial property owner who has been thinking about making sustainable upgrades to your property? Doing so can reduce its carbon footprint, improve energy, and water efficiency, which all make it more attractive to tenants, not to mention it improves your NABERS rating. NABERS stands for National Australian Built Environment Rating System and […]

All businesses, whether knowingly or not, are intertwined with the ESG movement.  As ESG elements become increasingly visible across the various lenders lending criteria, it will be crucial for businesses to not only understand what ESG is, but also adopt a robust ESG strategy. What is ESG? ESG (Environmental, Social and Governance) factors are core […]

Every business owner’s dream is to build a successful business but scaling up a business is a decision that should not be taken lightly. The key here is to ensure the new business opportunity is not only profitable but also sustainable. 5 Most Critical Matters to Consider When Scaling up Your Business Strategy – A […]

Ledge recently had the pleasure of sourcing finance for Westcon Contracting, a family owned and operated commercial concreting business based in Malaga, for a New Somero® Laser Screed® Machine. Screeding is a smoothing and levelling process involved in the delivery of concrete slabs in the construction industry. Delivered manually on smaller projects, Somero built its […]

Are you a large business with a turnover of >$100 then you may need to be ready for the first Payment Times Reporting Scheme (PTRS) report which is due for lodgement on 30 September 2021. The Australian Government appointed the Payment Times Reporting Regulator on 1 January 2021, with the PTRS brought in to help […]

The Federal Budget was announced on 11 May 2021. With a lot of information to digest we thought we would simplify this so that small and medium business owners understand how the budget may impact them. Read on for more or download our 2021 Federal Budget Summary one pager here. For small to medium businesses Temporary […]

Many businesses have received grants as part of the $1.3 billion Modern Manufacturing Initiative (MMI). The aim of the MMI is to help Australian manufacturing businesses collaborate, scale up and commercialise their product offering. In this blog we explore the MMI in more detail, the 3 different MMI funding streams and manufacturers who have received […]

A small business owner based in Esperance, has recently become the first person in Western Australia to be jailed for gross negligence. Daren Kavanagh, WA WorkSafe commissioner hopes that this will encourage small business owners to start taking workplace safety seriously. As we start to see a change in how gross negligence cases are dealt […]

The portion of fixed rate residential lending increased by 50% at the beginning of the RBA easing of the monetary policy when Covid-19 first hit. The RBA originally thought that interest rates would remain low until inflation rose by 2 – 3 %, which isn’t expected until 2024. However, accordingly to a recent AFR article, […]

As a business owner, knowing your breakeven point is so important. It is how you determine whether you’re making profit or not, yet you would be surprised to know that a lot of businesses don’t keep track of all costs involved. In this blog, we explore the importance of understanding your breakeven point, a calculation […]

If you’re planning to sell or buy a business, knowing how to value the business is critical. And although business value comes to mind more often in relation to selling or buying, there are other reasons why you might want to consider a business valuation. Valuing your business can be beneficial to obtain business financing, […]

If you’re a business that made use of the instant asset write off then it’s important you have adequate tax planning in place for the upcoming end of financial year. In this blog we explore the various choice to opt out (or not) of temporary full expensing for an income year and what is meant […]

Clarity on who a business’s target customers are, their value proposition and their unique key capabilities are the foundations for business success and are especially crucial when facing capacity and capability constraints. A challenge facing many West Australian businesses this year is that current market conditions are presenting many more opportunities than there is the […]

There is an abundance of ride sharing apps out there and rightly so – they make travel easy! But imagine if you could get from A to B in your very own rental car with a service that is just as easy to use. SolvCar have done exactly this! From the owners of Sunset Rent […]

Established in 2015 as a diversified contractor to the Western Australian resources sector, Iron Mine Contracting (IMC) has been achieving major year-on-year growth since inception and has big plans to advance that growth trajectory further. Providing civil, mining, crushing and screening, and Indigenous partnership opportunities to top tier resource clients, IMC aims to solidify its […]

Delays in home loan approvals coupled with a competitive residential market has increased buyers’ fear of missing out on their dream home. Did you know that pre approvals may not help you secure a home loan? In fact, pre approvals aren’t always necessary if you are wanting to buy a property. In this blog we […]

Having been founded in 1979 as one of the original independent finance broking specialists in Western Australia, Ledge Finance has built its business on strong, long-term client relationships and will continue to do so as it looks to its next chapter of evolution. The company’s founder Phil Botsis passed Ledge’s ownership over to its executive […]

On 10 December 2020, the Government passed new insolvency laws, which include the extension of the existing COVID safe harbour laws to the 31 March 2021, and the introduction of a new debt restructuring process. Advisors and their small business clients should be alert to these changes and are encouraged to act immediately so they […]

Did you know that Australia’s family and private businesses occupy almost every segment and industry of our economy? Contributing over a third of Australia’s entire GDP, it is evident that ensuring the ongoing success of these businesses is crucial to Australia’s prosperity. Many business owners place long term planning to the side because they are […]

As we say goodbye to 2020 and start our journey into the new year, we thought we would take some time to review the Western Australian economy, what has been and what’s in store for 2021. WA Economic Outlook: From Uncertainty to Resilience   Through what has been a very trying year for all, WA […]

If you’re considering purchasing an existing business, whether it’s buying into a business or buying the entire business, there are several business finance options that can assist you. But first, you need to know what to look for in a business to ensure it’s suited to you. In this article we explore: 6 Questions to […]

Ledge Finance Ltd (Ledge) has announced that Chief Operating Officer Tony Del Popolo and the Executive Team have completed a management buyout of the business. Phil Botsis, has entrusted the future of Ledge with the Executive Team effective from the 2nd November 2020. As Founder and Managing Director for over 41 years, Phil built the […]

The way we work, live and go about our everyday lives has changed quite a bit in recent times. Although Covid-19 continues to have a significant impact the economy, the Perth housing market has been somewhat resilient. Sometimes it pays off to be one of the most secluded states in the world! Australian Property Market […]

Have you ever thought about setting up a small business in Australia but never quite followed through? Well now may be the best time for you to become that entrepreneur you have always wanted to be. Business success is the outcome of a strong business model and a unique idea that has been purposefully built […]

Did you know that Millennials, those born between 1981 and 1996, is the largest generation yet? By 2025, most Millennials will be in the workforce and the next generation “Gen Z” would have entered. We are familiar with new generations entering the workforce but what do younger generations have to offer and why should businesses […]

Funding growth, expansion or other working capital requirements is always something on the minds of business owners. If you are seeking a business loan facility, your business credit score will be used as an indicator of your ability to repay the loan. In this article we explain what a business credit score is, why you […]

The six-month loan repayment deferrals are due to conclude at the end of September 2020, as Banks enter the next phase of support to assist customers. Whether you are a business or an individual who is currently under a loan deferral structure, you need to know what the next phase entails and what this means […]

It’s no doubt that financial markets in Australia and across the world have been largely impacted by COVID-19, as it has become not just a health scare but an economic one at that. The Government has put many incentive measures in place and the RBA cash rate has remained at an all-time low. But businesses […]

Businesses have been faced with many challenges over the past few months and there is bound to be more as we continue to navigate through changes within our businesses and the wider market. In this article we will explore the role of a commercial broker and how they can assist businesses through what are currently […]

In the uncertain market we currently find ourselves in, having business insurance is vital. Business insurance essentially works the same as car or home and contents insurance. That is, you pay your provider a premium and they will cover your business if you need to make an insurance claim (subject to the terms and conditions […]

WA Universal Rigging & Cranes (WAURC) is a leading rigging and crane contractor, providing high quality service to the construction, infrastructure, residential, farming, and resource sectors since 1985. The Company has a range of service capabilities and a large, diverse fleet enabling it to remain at the forefront of its industry. From supply and install […]

What is Operating Cash Flow? Operating Cash Flow (OCF) is cash relating to core business activities over a given period. Ideally, you want the cash coming into the business, generated from your service offering (i.e. sales) to be more than operating costs.  OCF is used to evaluate the underlying health of the business and to […]

Are you buying, building or renovating? The Government has put a number of stimulus packages in place to support homeowners and prospective home buyers. Here’s what you need to know about the Government grants. WA State Government First Home Owners Grant of $10,000 & Stamp Duty Concessions  This is available for First Home Buyers who: […]

Ledge recently surveyed a number of Perth small businesses (mostly clients and other stakeholders) to get a better understanding of and to provide clarity around how industries have been impacted by coronavirus (COVID-19) and its knock on effects. We surveyed businesses from various industries, including infrastructure/earthmoving, construction/engineering, manufacturing, agri/food and professional services. Whilst the effects […]

It’s safe to say that extraordinary times really do call for extraordinary measures… It has been encouraging to talk to some of our clients who have seen these times as an opportunity for growth. However, most businesses are finding these times difficult and that’s expected. SME’s are the backbone to the Australian economy and the […]

Founded in 1971, DRA’s first business was a site abrasive blast cleaning and coating company servicing the chemical, oil and petrochemical industries. In 1996 Construct Engineering, a division of DRA noticed a gap in the heavy engineering maintenance sector which led to the launch of the Humma pick and carry crane project. As the pick […]

In these uncertain times, there is one certainty – and that is that the initial economic shock of Covid-19 will eventually pass… The immediate natural human response to any threat is to retreat and bunker down, but even more so when the Government’s current guidelines are reinforcing that. However, even though we are social distancing […]

Banks have provided more direction around the information that is required for a business to receive the assistance loan. A key point made by banks is that in order to receive this loan, the business is required to meet the banks assessment criteria. The eligibility and credit criteria will apply and includes: Small and medium […]

With this ever changing and evolving environment we are ensuring we stay across the various measures put in place. If you require any further information or assistance on the below, please contact your Ledge Finance Executive directly, or contact our offices here and we will do all we can to support you through this. On […]

Ledge attended day 1 at the 11th Annual WA Major Projects Conference 2020 and what an informative day it was. The conference condenses the array of upcoming WA infrastructure projects, providing valuable market intel. In this article, we summarise a selection of the presentations, including: Warren Harris, Project Director Eliwana, Fortescue Metals Group on Eliwana’s […]

Growing your business doesn’t happen overnight. In fact, there are many factors that come into play when formulating an effective business growth strategy. The success of your strategy is what will drive your business to not only be a dominant player in your market, but to continue growing. Business growth strategies will vary from business […]

In recent months, various media outlets have shown significant interest in the prolific rise of Supply Chain Finance (SCF) and the impact these facilities have on small businesses. In this article, we will explore a timeline of events which occurred over the past year from; companies being accused of “bullying” smaller contractors, to the views […]

As changing markets create a new lending environment there continues to be a trend of increased risk aversion by mainstream financial institutions (banks/lenders). In this article we explore how businesses can ensure they are ‘fit’ for finance in 2020 and beyond. Prepare your business’ financial statements It is essential for businesses to have up-to-date financial […]

When it comes to running a business of any size, managing its cash flow is crucial. So, why is cash flow so important for businesses and how can you ensure you successfully manage it? In this article we will explore: What is cash flow? Why is cash flow so important? How to analyse cash flow […]

As 2019 comes to a close, now is a great time for businesses to reflect on achievements and challenges they faced over the past year and prepare for what’s ahead. To help you prepare for the new year we have put together a few tasks to add to your to-do-list: Review and create new goals […]

Growing your business takes commitment, dedication and critical thinking, but without adequate cash you won’t be able to go anywhere fast. If you are a business owner you will know first-hand that having cash readily available can help you secure new work and amplify your business growth. It allows you to hire additional staff and […]

There is a vast amount of readily available information on how you can increase your health and improve your energy levels, so much so that it can become confusing or in some cases controversial. An article published by the Australian Institute of Company Directors caught our attention, as it explores how a few simple lifestyle […]

For this edition of the Ledge Q&A we spoke to Brendan Lee from Fifo Capital. Lee explains Fifo Capital’s role in the market and answers some FAQ’s about supply chain finance and the other products and services they offer to businesses. Q: Who is Fifo Capital and what is your role? A: Fifo Capital is […]

Australia is starting to see an upturn in the mining and resources sector, after ending 2018 with a record-breaking year and continuing this growth into 2019. [1] Western Australia plays a huge part in this success, but there are plenty of discussions around the current skills shortage. In this article we explore: Growth in the […]

If you are in the civil contracting, construction, earthmoving or any other industry that requires you to provide a performance or other form of guarantee, then a Surety Bond may be the product for you. What is a Surety Bond? A Surety Bond is a bond/guarantee that can be provided in lieu of cash or […]

Imagine paying domestic or overseas suppliers COD (cash on delivery with no credit terms) and then not having to pay for a further 150 days*. Trade/Import Finance is a facility that provides businesses with the capital to do just that.  How the finance facility works: Put simply, an intermediary firm provides this facility by making […]

The CAFBA (Commercial and Asset Finance Brokers Association of Australia) Annual Conference and Awards Night 2019 were held last Friday and what a fantastic day and night of events it was. The main focus for the conference was on innovation and change which is extremely topical in the current market conditions. CAFBA President, David Gandolfo, […]

Hi friends,  If your business supplies goods or services on a credit basis you’re open to the risk of the buyer not paying, which means you’re probably already familiar with bad debts. Bad debts can be detrimental by disrupting your cashflow, weakening your balance sheet and can ultimately take management time away from your business. […]

Prior to any infrastructure project in Australia commencing, all parties involved are required to sign and adhere to the engineering, procurement and construction (EPC) contract model. A recent opinion piece in the Fin Review explored this contract model and how it compares to other styles used in Europe. Scott Langdon, a partner at KordaMentha Restructuring […]

For this edition of the Ledge Q&A we spoke to Heather Moore, Associate Director and in-house tax advisory specialist at NKH Knight. We explored Estate Planning and the necessary steps that should be taken to ensure people and businesses protect their wealth. Q: Who is NKH and what is your role? A: At NKH Knight […]

Bunbury Drilling Company (BDC) is a third-generation family business, which has been providing drilling services to the mining, agricultural and public water supply industries for over half a century. Established in 1955, BDC is one of the oldest and most experienced specialist drilling contractors in Australia today. BDC recently took delivery of a new Schramm […]

The RBA conducts Australia’s monetary policy which includes setting the cash rate on overnight loans in the money market. The cash rate influences the banks’ interest rates, however there are many other factors which also affect rates including overall cost of funds, lending risks, competition etc. In June 2019, the RBA announced a 0.25% (25 […]

All successful businesses start somewhere and for Equipment Placement this somewhere was in Perth, Western Australia in 2002. Bondi brothers, Brian and John established the business with a focus on supplying the mining industry with used components for mobile plants of all descriptions. In 2002, they were awarded a number of exclusive distribution rights for […]

If you are a healthcare professional in your first, second or even twentieth year of work, you may be looking at one day acquiring or establishing your own practice. Before you can get your practice off the ground you need to have the right business strategy in place along with adequate working capital. Finding health […]

Corporate Scorecard is a subsidiary of Equifax that assists with the assessment of the financial capacity of organisations including for pre-qualification, pre-contract award and post contract award monitoring for contracts. This assessment has been around for several years and many of our clients, who are contracted to work for government organisations, are being presented with […]

Welcome to the Ledge Q&A Interview with Tony Monisse, Managing Director at Brentnalls WA, affiliate member of the Brentnalls Alliance. During this interview we explore who Brentnalls WA are and what business owners can do to support their business growth. Q: Who is Brentnalls WA? A: We are specialist business advisors and accountants helping clients grow a […]

Buying a home or investment property is one of the biggest decisions you will make in your life and you understandably want to make the right choice. Finding the perfect house at an ideal cost is daunting enough, then there is the stress of finding a finance option that suits your needs. At Ledge Health, […]

Thank you to Pedco Engineering for the invitation to attend the official unveiling of their new premises where we were lucky enough to see their new Accurpress 650t press brake in action – what an impressive machine it was! The new premises, at 118 Dowd Street in Welshpool, is located just a block away from […]

Hi friends, I cannot believe it’s May and we are already almost half way through the year! This time of the year is generally fast paced for most businesses and purchasing new assets may not be on your mind. There are many benefits that come with upgrading to new equipment, some of which include the […]

When setting up a business, many prospective owners will be advised by their Accountants to operate through a discretionary trust structure as this allows flexibility in income splitting whilst also providing asset protection. Whilst this is a common strategy for family run businesses, it is important to be aware of the complications that may arise. […]

If you’re a small business owner and are looking to purchase assets for your business you may be eligible to claim the whole purchase amount as a tax deduction.* From 29 January 2019 to 2 April 2019, the instant asset write-off threshold was $25,000. This has  been increased to $30,000 and has been extended to […]

Welcome to our first ever Ledge Q&A! The Ledge Q&A is an interview style blog which has been created on the basis of keeping our clients and wider community informed and up-to-date on what is happening in the Australian business sector. The Ledge Q&A features business professionals from various industries as we talk to them […]

Single Touch Payroll (STP) is currently only required for employers who have twenty or more staff, however from 1 July 2019 it will apply to all Australian employers – even those with only one staff member. This will be a gradual process and there are flexible options available. So, what is STP? STP is a […]

With the cost of installing high quality solar systems decreasing and energy prices continuing to rise, there has never been a better time to install solar. If your business either operates seven days a week, uses a lot of refrigeration (cold storage, supermarkets, hotels/pubs) or you are in the manufacturing, medical or primary industries you […]

The Healthcare industry appreciates the role of specialists for specific areas of expertise. There is no substitute for experience. So why take a different approach when it comes to your finances? Ledge Health brings substantial healthcare sector expertise and experience combined with financial packaging capability to provide insight and solutions for your next vehicle purchase. […]

Ernst & Young (EY) hosted a webcast on Tuesday February 26th titled Financial Crime which discussed the importance of effective Transaction Monitoring (TM) as well as TM system implementation. If you were unable to listen to the webcast, we have summarised the key points from the webcast below. EY Transaction Monitoring Survey The EY TM […]

Australian financial markets are constantly changing and with these changes comes a new lending environment. It is important to stay on top of and understand these changes when approaching financial institutions (banks/lenders), to ensure your business receives a positive outcome. Below are some thoughts on the debt market as we currently see it, with primary […]

Continuing our series of borrowing covenants, let us introduce… “Facility Utilisation”. Just when you thought it was safe to go out into the financial markets alone… What is Facility Utilisation? The purpose of the Facility Utilisation covenant is to ensure the usage of the loan facility is directly aligned to business activity. Whilst this is […]

Becoming a healthcare professional requires numerous years of study and practical experience. Once this is complete you enter what we call the Healthcare Pathway. Your health and medical finance requirements will vary depending on where you sit on the Pathway. This is where our services may assist your personal and professional growth. How Ledge Health […]

Purchasing a commercial or residential investment property through a Self Managed Super Fund is understandably appealing as the super fund offers an attractive tax environment and allows people to grow their SMSF for retirement. Complications can arise where the purchase is funded via a SMSF loan and property values decline significantly, which appears to be […]

A recent study by CBA and Melbourne University revealed that one in three people in Australia are not on track to reach their financial goals. Although this study is referring to personal finances, we see SME business owners who may not appreciate the value in managing their finances, which often results in severe financial/cash strain. […]

Welcome to 2019! We hope you had a fantastic break and you are ready to get stuck into another successful year. This time for reflection and anticipation of the coming year leads to the inevitable New Year resolutions! Unfortunately, we can’t make you get up earlier or burn off the extra holiday calories but we […]

Did you know that Australia’s family and private businesses occupy almost every segment and industry of our economy? Contributing over a third of Australia’s entire GDP, it is evident that ensuring the ongoing success of these businesses is crucial to Australia’s prosperity. A recent report found 69% of family and private business owners are planning […]

Many businesses believe the PPSA to be an onerous obligation, only relevant if you hire out equipment, completely missing the very significant benefits the PPSA provides for any business selling goods on credit. One of its principal goals is to help protect you from the insolvency of your customers. It doesn’t matter what you sell, […]

If you are a contractor, you will often be required to provide a Surety Bond or Guarantee to your client/principal as security against your default or non-performance. So, what exactly are Bonds and Guarantees and how can they be arranged? Surety Bonds are a form of security issued by a Surety (an insurer or specialist […]

On 25 March 2014 the Board of Taxation released its second discussion paper on the post-implementation review of Division 7A of Part III of the Income Tax Assessment Act 1936. In the 2017 Federal Budget, the Government announced that amendments would be made to the Division 7A incorporating the amendments from the second discussion paper and […]

Have you ever thought of investing in solar PV and energy efficient assets but thought there is too much cost involved and you just can’t fathom getting started? The good news is there are finance solutions available which allow you to acquire these types of assets sooner rather than later. Any purchase of energy efficient […]

If you are in the unfortunate position of not being able to meet your ATO liabilities as and when they fall due, you need to be very careful about how you deal with this situation. One option is to seek finance from a specialist lender to cover your obligations. The benefit of this is that […]

Whilst financial markets have been through a lot of changes in recent years (banks in particular) and there is more to come, it is good to know that some things never change. One lending covenant, or financial covenant, which has regained favour in recent years is the old question “how much debt should I have […]

Did you know that registering your business name or purchasing a domain is not the same as a trade mark? Well, many people get trade marks and business names confused and this is not a new thing – in fact, back in 2003 the Australian Government conducted a review into the ongoing confusion and found […]

If you’re a business owner then you’ll know that it’s not always easy to deal with employment or HR issues. A lot of the time, businesses don’t have an inhouse HR department because their business is not big enough to justify the cost. You end up trying to deal with it yourself causing you to […]

If you ever have the misfortune to be sued for non-payment of an invoice/debt, it is really important to know what steps to take to allow you to remove reference to the court proceedings from your credit record when the matter is resolved. Ledge Solicitor’s Price Sierakowski have recently spoken to us about the difference […]

Making the decision (some say ‘leap of faith’) to establish your own business and leave behind the relative safety of being an employee is not an easy one and not one that many have the courage to actually do. In early 2011, this is exactly what Tony & Debbie Borromei and Darryl & Michelle Morgan […]

How do you define value? What value do you provide for those who purchase your products or services? These are questions that many business owners are unable to answer, and yet having the capability to add value is one of the most important factors in business. Let’s take purchasing your morning coffee for example… You […]

Are you a business owner who tends to put long-term planning to the side? If you answered yes, you’re not alone. Many business owners generally place planning to the side because they are bombarded with day-to-day management of the business. They focus on the short term because that’s what they can see unfolding in front […]

If you are a business owner looking to expand overseas, you’re probably wondering how you are going to finance this move. At Ledge, we understand that banks are often unable to provide finance for your entire overseas ventures. There are many options available to fill in the funding gap, that are suitable for: •       First […]

In Australia, directors can be held personally liable for debts incurred whilst a company is insolvent. These harsh insolvent trading laws are driving directors to seek voluntary administration prematurely, even in circumstances where the company may have been viable longer term. As of September 2017, new legislation was enacted which provides directors with a safe […]

The brand new Perth Children’s Hospital located in Nedlands is set to start its four week staged opening today, May 14! Ledge has been lucky enough to be a part of the project, providing finance for the fit outs of the cafes situated on level one and five. WA Hospitality, better known as Aroma Café […]

Most people have ongoing financial pressures and every dollar that can be saved, should be considered. Having a property loan, whether it be for your own home, an investment property or a commercial property, it is a huge debt in anyone’s life, and can cause major financial stress amongst individuals, their partners and their families. […]

Did you know that 80% of CEO’s in Australia rate cybersecurity as a major priority? Even though Australia’s unemployment rate is increasing as a whole, the demand for I.T. experts is rapidly increasing and is predicted to continue through 2018. Cybersecurity specialists are among those in high demand, which can be linked directly to the […]

Are you a part of a strata owner’s corporation or body corporate? Do you struggle to find cash to pay for major works and renovations or you decide it’s best to hold off until you “really need to get it done”? You could wait until the sinking fund accumulated enough money to carry out the […]

In our Bulletin on 31st December 2017, we wrote on the impending release of a new product in the Supply Chain Finance space. This product has now been released to the market through a limited number of intermediaries. Are you a supplier who struggles to keep a positive cash flow because you’re waiting for clients […]

When buying equipment there are many options available to you when it comes to financing your purchase, however, these options are not always as straight forward as you think. Here are some questions that our team of Finance Executives are regularly asked when it comes to equipment finance: 1. Can I Finance 2nd hand equipment? Yes, […]

Anyone in business would agree that with the current economic climate, many business owners/ managers are suffering from a never-ending headache, trying to manage their cash flows. Having tight debtor collection policies in place is a fantastic way to start, however unless you have solid cash reserves, you may find yourself juggling payments to your […]

Ledge is set to launch 2018 with a new finance product which will help clients better use their working capital – while also opening up the prospect of a new source of income for them. The product will put small and medium enterprises on the same footing as big business in being able to manage […]

When it comes to growing your business, there are many challenges you may face trying to manage cash flow. Creating compelling, value adding products & services and funding stocks & supplies are just a few of the issues faced by business owners during their businesses growth periods. Even successful, profitable businesses can find themselves with […]

If you had to create a strategy for business success, would it look something like this … the formula being used by one rapidly rising West Australian company: Quote philosophers in your conversation with customers Reduce your customers operating costs by providing fuel to them at special rates On tough days at the office, make […]

Composite Pipe Systems (CPS) Australia are new to Western Australia and are here to supply all Fiberglass Reinforced Piping needs (FRP).  CPS is the factory authorized distributor of NOV/Fiber Glass range of Composite Piping and have an extensive range of Line Pipe, Downhole Tubing, and Casing that suits all commercial, industrial, mining, marine, oil and […]

WA Fuel Supplies was developed in early 2015 when they discovered that fuel had become a low-interest, price-driven commodity where there was no interest in service and customer relationships. They are known as the West Australian company that distributes and sells energy everywhere in our great state, whilst maintaining competitive prices in an industry widely […]

When looking for a logistics company that goes the extra mile contact HTE Transport today! Here There Everywhere (HTE) Transport is a West Australian family owned and operated company who has earned an outstanding reputation for delivering a highly professional, safety orientated transport and logistics services all around WA. HTE Transport began their journey, in […]

Here at Ledge, we are proud of the companies who achieved business growth through innovation by partnering with us. We like to share their stories to show how they overcame obstacles through sound business strategy. Our clients at Rhino Buckets & Attachments are renowned for their locally manufactured products, friendly team and 50+ years of […]

Here at Ledge, we are proud of the companies who achieved business growth by partnering with us. We like to share their stories to show how they overcame obstacles through sound business strategy. When searching for a landscaper to create a truly unique look for your home or business, Tim Davis Landscaping (TLD) should be […]

Here at Ledge, we are proud of the companies who achieved business growth by partnering with us. We like to share their stories to show how they overcame obstacles through sound business strategy. When looking to purchase a high-end, custom built plant trailer, there is only one brand that those in the know trust to […]