“We view the Business Fuel and BBX partnership as a win for Australian SME’s. In a market where SME’s are underserved, this partnership allows them access to funding from two sources, allowing them flexibility to grow their business as required.”Carolin MacDonald BBX South Pacific CEO & Wade Doblo Managing Director, Business Fuel
BBX is a solutions provider that helps businesses manage cash flow and gain new customers. Established in 1993, we are a B2B community builder with a focus on the customer experience using digital credits as settlements for trade transactions. BBX acts as a third-party record keeper for the trusted digital credit known as the BBX Trade Credit. Its members use the trade credit to settle transactions on the platform.
Business Fuel and BBX Partnership is great news for Businesses
- Shared similar target markets being Australian SME’s.
- Both have successful and existing businesses servicing Australian SME’s.
- Share common views on culture and best practise.
- Both want to grow their businesses and help more Australian SMEs thrive.
Business Fuel has been providing Australian SME’s with quick capital from $10,000 to $200,000 since 2012. With terms from 6 to 18 months BF provide loans for any positive reason like expansion, stock, plant and equipment and general cash flow. Business Fuel identified a huge gap in the marketplace lending to SME’s which is under-serviced by traditional lenders.