As the Australian economy slowly re-emerges from the enforced torpor required in response to the COVID-19 pandemic, commerce and economics commentators are predicting a period of strengthening economic growth. This growth is set to be underpinned by a range of factors, including a renewed focus on domestic manufacturing, significant budgetary stimulus by both the Commonwealth and state governments, increased domestic holiday travel and additional bolstering of a growing online sales sector.
Government stimulus and infrastructure measures, in particular, combined with strong regulatory and policy mechanisms aimed at supporting small and medium sized businesses and rewarding them for growth and increased employment, are expected to drive the economy. It is reasonable to observe that, while the short-term impacts of social and economic lockdown have been difficult for many businesses and the economy as a whole, the medium to long term outlook is for a strong and positive economic response across the country.
If you’re reading this, the chances are that you’re a small to medium sized business with growth aspirations and you’re starting to think about and putting plans into place for how you can capitalise on the predicted increase in national economic activity over the next twelve months and beyond.
“This growth is set to be underpinned by a range of factors, including a renewed focus on domestic manufacturing, significant budgetary stimulus by both the Commonwealth and state governments, increased domestic holiday travel and additional bolstering of a growing online sales sector.”
Of course, the first step is understanding exactly what your business requires to support that growth. It may be as simple as acquisition of new vehicles for transporting goods and staff, or new manufacturing equipment to capitalise on increasing demand. Perhaps your specific need is the purchase of larger stocks or hiring new staff. You might even be looking to expand to a new premises. Whatever your specific requirements are, if you require financing to help put you in the best position to capitalise on emerging growth opportunities, it makes sense to get in touch with Grow Finance.
At Grow Finance we specialise in financing solutions for small and medium sized businesses. In simple terms, we get your business. Our specialists have deep industry expertise, whether it relates to vehicles and equipment, cash flow or trade finance. We also get that dealing with major lenders to secure finance can be a real challenge for smaller businesses which means that we can develop tailored and risk-adjusted finance solutions for you that better reflect your specific circumstances based on our approach of deeply engaging with and understanding our client’s businesses.
Finally, at Grow Finance, we understand that small and medium business growth requires agility and the ability to respond quickly to emerging opportunities. Our rapid pre-qualification process means that you can potentially have access to funds within two hours.
At the end of the day, growing businesses are successful businesses. But when a business is responding to a growth opportunity, every now and then it requires a bit of help in the form of smart, tailored finance solutions that meet your specific needs.