Melbourne Financial Group

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"Small business capital challenge" - Smarter Business Ideas

More than a third of Australia's businesses will be in a rush to refinance this year, according to a survey conducted by financial services group, Ernst & Young.

Brett Nicholson, director of Melbourne Financial Group, says SMEs that can demonstrate robust management and generate strong cash flow will be best-positioned when approaching lending institutions. SMEs must have a sustainable business on their hands and be prepared to offer security.