The China Mail - Liberty Business Loans Support SMEs to Modernise Payment Methods

Liberty says small businesses adapting to a changing financial landscape could benefit from flexible business lending solutions.

Traditional payment methods such as cheques, direct debits, and credit payment systems are on their way out, creating a transition that is expected to bring major changes for Australian businesses.

For SMEs, the move isn't as simple as getting a new payment system. They also need to consider security and compliance, staff training and support, and the upfront investment involved in implementing new infrastructure.

Having worked with business owners for more than two decades, non-bank lender Liberty recognises that while a digital upgrade could improve long-term cash flow, the immediate transition could create short-term challenges for business owners.

Liberty Manager - Group Communications, Kate Jenkinson, said whether they plan to invest in staff, equipment, or inventory, businesses need funding to continue to grow.

"The right business loans could help small businesses make necessary upgrades and remain competitive in today's fast-paced market," Ms Jenkinson said.

"Non-bank lenders like Liberty offer a range of flexible loans that could help businesses stay agile."

A business loan may unlock funds for new payment equipment or software, support training and upskilling efforts, or pay for licensing and certifications.

The countdown is on for business owners, as those that delay could face operational disruptions and added expenses as legacy systems become redundant.

For proactive small business owners, Liberty boasts free-thinking business loans with quick turnaround times to help them access capital quickly.

"Even for business owners who may not have all the documentation traditional lenders require, Liberty often has the flexibility to deliver fast approvals," says Ms Jenkinson.

Liberty is proud to help business owners in securing the funds needed to stay nimble and achieve their goals.

About Liberty
As one of Australia's leading non-bank lenders, Liberty offers innovative solutions to support customers with greater choice. Over more than 26 years, this free-thinking approach to loan solutions has seen more than 850,000 customers across a wide range of home, car, business and personal loans, as well as SMSF lending and insurance products. Liberty remains the only non-bank lender with an investment-grade credit rating offering custom and prime solutions to help more people get financial.

Approved applicants only. Lending criteria apply. Fees and charges are payable. Liberty Financial Pty Ltd ACN 077 248 983 and Secure Funding Pty Ltd ABN 25 081 982 87 2 Australian Credit Licence 388133, together trading as Liberty Financial.

CONTACT
Kate Jenkinson
Manager - Group Communications
P: +61 3 8635 8888
E: [email protected]

SOURCE: Liberty

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