The Pivotal Role Accounts Receivables Financing Will Play in the Emerging Economy

Heidi DeMattos — Thu, 17 Dec 2020 14:29:00 GMT

Soon, we will be back to “normal,” or at least something that resembles it. Promising vaccines are on the horizon. In some states, businesses are reopening. Holiday shopping is even underway.

At the same time, millions of US-based businesses are preparing for 2021 and what it may bring. Through the sharp second quarter decline, many industry sectors saw gross revenues drop by more than 40%. The same was true for consumer spending, which represents more than 65% of US GDP. Here is where US businesses stand, on average, as we enter winter.

Dotting the “i’s” and Crossing the “t’s” with Digital Lending

sgriffin@jackhenry.com (Susan Griffin) — Mon, 14 Dec 2020 14:19:00 GMT

The pandemic has amplified the need for digital processes across all banking services to reach consumers and businesses beyond branches. Never has this been more evident than what we saw in lending when small businesses reached out to their banks and credit unions seeking the PPP loans this spring. Many lenders had not upgraded their digital lending processes and found it difficult to deal with the volume of requests coming in from local businesses.

FinTalk

The Pivotal Role Accounts Receivables Financing Will Play in the Emerging Economy

Dotting the “i’s” and Crossing the “t’s” with Digital Lending