Business growth, bank debt and making better capital decisions
Running a business is not just about growth. It is about knowing where to put your capital, when to take on debt, who to back, and how to make decisions that still make sense years from now.
In this episode of The Winner’s Playbook, Billy is joined by Steve Sloane, Managing Director of Link Wealth, to talk through the realities of building and scaling a business.
They unpack the record short bet against Australia’s big four banks, how commercial lending works, what banks look at behind the scenes, and the risks business owners take when using debt to grow.
Steve also shares his view on capital allocation, managing shareholders, staff and other stakeholders, and why culture, cash flow and long-term thinking matter more than most people realise.
If you run a business, want to grow one, or want to better understand how smart operators think about money, debt and decision-making, this episode is worth a listen.
⏱️ Timestamps:
00:00 Intro
01:11 Meet Steve Sloane
02:37 The $11 billion bet against Australia’s big banks
06:50 How commercial lending works
10:36 Personal guarantees and director risk
15:23 Managing shareholders, staff and stakeholders
22:32 How businesses access capital
27:14 Common capital allocation mistakes
Hit follow, leave a review, and share this episode with someone building something for the long term.
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Want to find an Adviser that suits your financial needs:
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https://www.linkwealth.com.au/josh-lee-link
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General advice disclaimer: The information contained within this podcast is general in nature and does not take into account your personal circumstances. Please reach out if you wish to discuss your personal situation.
