For an SME in expansion, ensuring adequate control of debt reduces the risk of default with respect to creditors, suppliers and clients, and secures efficient business operations. Although some business owners feel proud of the fact that they have never taken out any loans, this is not always a realistic approach.
Learn when it is duly justified to incur debt and about the available options depending on your needs.
SMEs exporting products or services are often faced with the risk of non-paying customers. This situation can be solved by taking out “export credit insurance” that minimizes this risk without missing out on valuable business opportunities.
There are different types of financial services for SMEs. It is very important to identify the supplier that best fits the needs of the firm. Selecting the right type of credit provider for your company's needs can generate substantial savings.
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