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Trade Credit: When ‘Status Quo’ Means It’s Time For A Change

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For Eyal Shinar, CEO of Fundbox, understanding the burden that cash-flow bottlenecks and delayed invoice payments have on B2B companies came through personal experience.

 

His mother, who owned a small staffing business, regularly faced cash-flow constraints as business clients would wait months to pay for staffing services provided. The business grew quickly, but high growth means higher costs. With corporate customers extending days sales outstanding (DSO) for the business, finances were tough.

 

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