12-13 November 2019
Melbourne Convention & Exhibition Centre

12-13 November 2019
Melbourne Convention & Exhibition Centre

Back to agenda

How to monetise informal loans with a cloud-based register

Yellow Room
Apps Live
Automating Bookkeeping

The informal lending economy is huge. Sometimes referred to as “the bank of mum and dad”, Australians lend sizeable amounts to children, parents and businesses so they can buy homes, retire or launch startups. Most of it goes unrecorded, but accountants can play a role in the informal lending market by registering loans cheaply, reducing risk for clients and generating a useful revenue stream.

Key Takeaways: 

  1. Learn how to efficiently mitigate risk in an uncertain economic climate
  2. Find out why it’s critical to register informal loans to businesses and be listed as a creditor
  3. Hear case studies of who is doing the borrowing and lending and how much they lend