Australian SME owners struggle to find funding, have to dig in their own pockets sometimes

A report by the Australian Small Business and Family Enterprise Ombudsman says SME owners struggle to find funding and sometimes have to dig into their own pockets to finance their own businesses.

The report says one in five SMEs are experiencing cash flow problems due to their business loans being rejected.

RIABU’s Simon Littlewood and Mark Laudi discuss the unhealthy dynamic of how most SMEs choose to borrow instead of managing their cash flow better and ensuring they collect their receivables on time.