Working capital for SMEs: the role of alternative lenders and receivables platforms as we face COVID-19
COVID-19 is disrupting supply chains like never before. For most businesses, working capital is being severely impacted and given the importance of cash flows in times like this, they should continuously monitor their treasury. As companies hold on to cash, late payments will be the norm for some time but this will have impacts on relationships with suppliers. One way to generate faster cash flow is by focusing on receivables. Selling receivables to your main banking partners is an option but there are alternative lenders and receivables platforms that could prove very valuable too.
In this WOA webinar, we will hear from alternative (non-bank) lenders and technology platforms that provide options to companies of any size to improve working capital by focusing on their receivables. We will discover what makes them different from traditional banking services and address the following key questions:
Will banks step in to support the corporate and SME sector? Or will they focus on their own issues such as stock price decline?
Can mid-cap corporates get a viable response to their working capital issues from non-bank financiers?
What makes alternative lenders attractive to businesses?
How can receivables financing platforms, also referred to as “fintechs” help?
What is their role compared to alternative lenders?
How can they extend the public sector relief efforts to supply chains?
This webcast will be moderated by André Casterman.
- Kerstin Braun, President, Stenn International
- Joerg Hoerster, Founder and CEO, TrustBills
- Walter Gontarek, CEO and Chairman, Channel Capital Advisors
- Michel Kilzi, Managing Partner, Fineon Exchange
To book please see: https://woa.community/innovate/events/meeting-detail-page/47/the-role-of-alternative-lenders-post-covid-19/about.
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