US EditionBILL Debuts Cash Accounts to Boost SMB Working Capital
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3 Articles
BILL Debuts Cash Accounts to Boost SMB Working Capital
BILL says it has debuted a new way for small businesses to manage their money. The BILL Cash account, announced by the financial operations platform Ton hursday (Oct. 2), is an operating account designed to help small and medium-sized businesses (SMBs) strengthen their cash positions. “Cash flow is the lifeblood of SMBs, yet businesses are leaving thousands of dollars on the table while their operating cash sits in low- or no-yield acc…
Small and Medium Sized Firms Boost Working Capital Ahead of Budget - Business in the News
1 in 3 personal guarantee backed loans are to sustain cashflow SMBs are hungry for cash as loan values rise 42% year on year 36% of SMB loans are for working capital making this the main reason for a loan Demand for personal guarantee insurance up 16% Average loan to young (2 years and under) businesses reaches £155,257 As The British Business Bank launches Business Finance Week, for small businesses, new data on loans to small and medium sized…
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