Traditional lenders have neglected finance for small businesses due to the high costs associated with onboarding and assessing these customers, as well as managing their credit risk. In addition, small businesses do not meet the onerous credit requirements of banks and other specialised firms especially with respect to international trade finance. But, Payabill, a local fintech has figured out how to offer international trade finance effectively to this market segment.
Payabill featured on The Kings Suite show on Metro FM, where all things finance were discussed, with the main focus being on Payabill's international trade finance product and how Payabill is the first fintech to offer international trade finance to SMEs in South Africa. Click HERE to see how international trade finance can help your business. Listen to the full podcast below.