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Zip Co sought to assure investors at its 2022/23 results briefing yesterday that it has sufficient cash in reserve to get it to a positive cash flow position, despite its heavy cash outflow during the year. ....
Zip has confirmed that it is mothballing its SME lending arm, Zip Business, and withdrawing its trade finance products. ASX-listed buy now, pay later (BNPL) company Zip Co Ltd (Zip) has confirmed th ....
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Small Businesses Take Advantage of Buy Now, Pay Later Services to Maximise Tax Deductions as EOFY Approaches According to Zip, cash flow concerns are no longer a barrier for small businesses, with many taking advantage of EOFY tax deductions with buy now, pay later (BNPL) services. News provided by Share this article Share this article SYDNEY, May 24, 2021 /PRNewswire/ In Australia, BNPL services for consumers changed the retail environment dramatically, with many shoppers no longer using credit cards to make purchases. Now the industry has expanded to include options for small businesses. Industry giant, Zip, are anticipating a huge lift in the use of their BNPL business services before the end of the financial year, as it is a great time for small businesses to take advantage of maximising tax deductions and investing in things they need, like stocking up on inventory. ....