Case Study

Merchant Cash Advance Automation to Offer SMEs and Gig-Workers with Instant Access to Specialized Finance

Merchant Cash Advance Automation to Offer SMEs and Gig-Workers with Instant Access to Specialized Finance

Pages 3 Pages

Merchant Cash Advance Automation to Offer SMEs and Gig-Workers with Instant Access to Specialized Finance MARKET OPPORTUNITY Merchant cash advances aren’t a new concept and in the current climate, it is a financial product that can be used both by large-scale enterprises and micro-entrepreneurs like delivery people or drivers. As gig-economy is making its way through the services sector, more and more members of the workforce become independent contractors. And just like any other business entity, they need access to financial solutions that are tailored to their needs. While launching a conventional lending operation can take a significant amount of time, expertise and effort, the merchant cash advance space is a lot less regulated and presents a promising window of opportunity fo

Join for free to read