Can Data Driven Lending Displace VC Funding For Some Firms?
PYMNTS
DECEMBER 17, 2019
And while startups fail for a variety of esoteric reasons, the common thread that ties them all together is cash flow. About 20 percent of small to medium-sized businesses (SMBs) have failed by the end of their first year. According to a U.S. Bank study, nearly one-third of SMBs fail due to cash flow problems directly (i.e.,
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