Flexible working capital that reaches smaller, younger companies - and especially companies led by women or other under-represented groups - is in short supply.
For flexible, affordable, easy-to-use (and gender friendly) financing, we recommend factoring.
For small businesses selling to larger companies who have to wait to get paid, we recommend invoice discounting/factoring as a great way to unlock cash to grow a business. There are over 7,000 invoice discounting/factoring providers worldwide.
Finding new customers is hard. It's especially challenging for small businesses in smaller markets. Below are services or products our clients like. They are either free or low-cost.
To support women-led businesses in factoring, in partnership with Advance Global Capital Ltd. and Money in Motion LLC, in 2020, Xanh will launch a pilot initiative to support links between women-led financial institutions who offer factoring/invoice discounting to SME clients.