Warning to Small Business Over Turning to Credit Cards

Warning to Small Business Over Turning to Credit Cards
A stock image showing credit card payment at a cafe in Brisbane, Australia, on May 15, 2019. AAP Image/Dan Peled
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Small businesses are being warned to consider alternatives to credit cards as they come under increased financial pressure.

A survey by loan comparison site Small Business Loans Australia found while 23 percent of small and medium-sized businesses planned to reduce the number of credit cards, 39 percent flagged increasing their use.