Managing business finances is challenging. Staying on top of the business expenses is often a struggle for businesses. According to a survey by the Federal Reserve Small Business Credit, around 47% of business owners acknowledged that they could not sustain their business for more than 2 months if the revenue disappeared. Don’t wait for a…
Month: June 2022
Why Neobanks are Ideal Partners for SMEs
The SME sector has a lot of potential in terms of job creation but has always been constrained by the lack of credit. The traditional banks have continually underserved SMEs. SME lending always had a fairly smaller share in Indian banks’ portfolios. Now, businesses are seeking a more dependable banking partner who can offer new…
5 Easy Steps to Better Cash Flow Management
Is your business cash flow regularly hitting rock bottom? Do you have complete visilibity of your business cash flows? Cash flow management is a key part of any business, which means ensuring that the business has more receivables in a particular period than its payables. This helps the business pay the vendors, purchase inventory, ensure…