


Recent Insights.

1 July 2020
Operating cash flow: The core of your business
What is Operating Cash Flow? Operating Cash Flow (OCF) is cash relating to core business activities over time. Ideally, the money coming into the business generated from your service offering (i.e. sales) should be more than operating costs. OCF is used to evaluate the underlying health of the business and to demonstrate the cash generated from normal operations without taking into account secondary sources of revenue, such as investments, finance or the sale of assets. Operating activities explained The various sources and applications of cash included in your OCF are directly related to providing your goods and services to the...

25 June 2020
Government housing grants: Support for homeowners
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: have never owned a property in WA in your own name and neither has your spouse; intend to live in the home as your principal place of residence for at least 6 continuous months within 12 months of settlement; enter into a contract to purchase...

2 June 2020
COVID-19 Industry health check survey: the impact on WA businesses
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 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 of COVID-19 have been widespread across all industries, some businesses have been able to operate as per usual, whereas others have had to innovate and think of new ways to deliver their services. Changes in Operations As a whole, 48.3% of WA businesses surveyed have made...

5 May 2020
10 Tips to lead your business through change
SME’s are the backbone of the Australian economy, and the last few years have especially forced business leaders to think creatively and become more innovative and proactive in the way they deliver their services. Here are 10 practical tips that will help you lead your business through change: 1. Be opportunistic This is a great time to look at your business model and how you’re engaging with your customers. Are there any opportunities within your current product offering to explore new service delivery methods? 2. Balance is key Use your financials to help plan and manage your business cash flow....

5 May 2020
The Humma 55T Crane: The new standard
Humma Cranes: 55T – the new standard 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 and carry crane market evolved, so too did the design and quality of the cranes available. Fast forward to 2020 and there is now five different Humma cranes including an 18, 20, 25, 35 and more recently the...

7 April 2020
Why you should purchase equipment now?
In these uncertain times, there is one certainty – 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, and that is even more true when the Government’s guidelines reinforce that. However, even though we are socially distancing ourselves and staying home where possible, this doesn’t mean everything needs to stop. In fact, some business leaders are already planning to position their companies ahead of the competition when the shock dissipates. Some business owners are exploring strategic upgrades to their equipment (new trucks, new cranes, etc.),...

7 April 2020
$250k Assistance Loan: What you need to know
Banks have provided more direction around the information that is required for a business to receive an assistance loan. A key point made by banks is that to receive this loan, the business must meet the bank’s assessment criteria. The eligibility and credit criteria Small and medium-sized businesses with a turnover of less than $50 million Available for new lending only from 6 April 2020, approved by 30 September 2020 The business must be based, registered and operating in Australia The loan must only be used to support your current and upcoming business cash flow requirements, including working capital; liquidity;...

19 March 2020
Ledge’s recap of the 2020 AOG expo

13 March 2020
Support for small businesses impacted by COVID-19
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 get in touch with your Ledge Finance Executive directly, or contact our offices here, and we will do all we can to support you through this. On this page What is a “Small Business”? RBA $90-billion Term Funding Facility Financial Institutions Support Measures for SME’s SME $250k Unsecured Loan Billion Dollar Stimulus Package to Boost the Economy Support for Business Investment Increasing the instant asset write-off Investment Incentive – Tax...