In any business endeavor, working capital is a form of oxygen. Working capital allows firms to buy parts, pay workers, ship products and wait for payment with a cushion of funding in place that can help meet unforeseen events. Cash inflows and cash outflows never...
FinTech firm TradeRocket is linking with Hitachi to bring supply chain financing to mid-market firms. Its CEO, Jim Eckstein, explains how technology speeds the invoice approval process and lands capital with businesses sooner.
October 10, 2016
Many firms live the equivalent of paycheck to paycheck — with less than a month’s worth of cash in the bank. Financing receivables offers small and mid-sized firms a working capital lifeline in a world where banks are skittish lenders, TradeRocket’s Jeff Gapusan, head of capital markets, told PYMNTS in the latest installment of PYMNTS Topic TBD.
