Post-pandemic business finance June-July 2020 – Trade Ledger™ white-paper
The COVID-19 pandemic has put businesses under immense strain. Their economic prospects, through no fault of their own, are bleak. Their cash flow runway is in many cases only a few weeks’ long. And, their outlook is precarious as they depend on financial institutions to make lending a truly efficient process – urgently.
As a key lever of the financial ecosystem, post-pandemic business finance must push into the new era at full speed, reengineering its framework to help small and medium-sized enterprises (SMEs) – and the societies that depend on them for services and employment – to survive in the new world.