Helping
public corporations and multinationals.
These companies are within their right to mandate long pay-
delayed. This proves as a barrier for these smaller businesses to take orders from more buyers more
-
receivables.
Younger MSMEs have more problems in getting banks’ help.
- nancing from banks often requires
- ily surrender. It also doesn’t help that the process is more stringent on smaller businesses and demands more requirements and therefore longer processing times.
with the two pledging no new tariffs while the negotiations continued. MSMEs don’t know where to
their growth. When businesses get rejected by banks for their loan
loan sharks or their closest family and friends.
- tions come to a halt and they are forced to decline order until such time they are able to replenish their funds and collect payments from their buyers. The longer their payment terms are with their buy-
businesses gain access to funding for their projects.
Fintech start-ups like First Circle enable these businesses to obtain in a non-traditional way.
Most transactions and loan Luc Demarty told the European Parliament last month.
administration has used tariffs and tariff threats to try to extract broader trade deals.
“The White House wants to have the tariffs in hand to deploy in case talks bog down or it decides EU and Japanese offers online and processed in less than two weeks with very few requirements.
FinTech eliminates the cash
allowing them to service a bigger client base and grow at a faster rate. The only barrier to more MSMEs availing of this is that it sounds too good to be true! But that’s a topic for another time. trade battle with Washington. But the uncertainty around these
will weigh on the automotive sector and perhaps broader market
National security?
The White House has used the national security argument — saying that undermining the American manufacturing base impairs mili-
— to impose steep tariffs on steel
Trading partners have sometimes reacted with outrage at the suggestion their exports posed a threat to American national security.
visited the White House in December to seek reassurances on
the companies to boost investment at plants in the United States where they currently manufacture cars for the US market and for export. European Union and other desti- for our dealer network it is not Wednesday.
“I’m not a politician but we’ll