How come cash-flow does not suffice but good many small businesses borrow at higher rate interests for meeting regular expenses?
looking at much of Fintech customer pie; small businesses are one of the largest for them.
How come cash-flow does not suffice but good many small businesses borrow at higher rate interests for meeting regular expenses?
looking at much of Fintech customer pie; small businesses are one of the largest for them.
For meeting overhead, that’s a problem. For managing cash flow in general for overhead, it’s a smaller problem but worth solving.
But if you’re buying materials for orders, up until recently this was considered best practices. It’s worth self-financing these days, but I’m not surprised that people are slow to adopt to pricier credit lines. That crap can take awhile to unwind, especially in manufacturing and construction.