Article written by Monnike Garcia, Founder of LABCOMEX and the Women in Comex initiative, which aims to leverage women and small companies in Foreign Trade.
ConnectAmericas, the first social business network in Latin America and the Caribbean, and Mastercard, leading company in payment management, signed a partnership agreement that will benefit small and medium sized companies (SMEs) that aim to grow their businesses internationally.
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.
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