The adoption of alternative data credit scoring engines is transforming lending practices, and enables lenders to make more accurate risk assessments, expand access to finance, and support economic growth.
All posts by Fulea Cristina
The blog of financially savvy entrepreneurs by iFactor
Financial Inclusion: A catalyst for a Sustainable Growth
Access to financing is one of the important factors in the development and prosperity of a society. Even though the impact of SMEs on the economy is significant, many of them are considered unbankable.
How can Alternative Data help reduce fraud risk?
By using Alternative Data, banks can have a clearer overview of their clients’ financial behavior, leading to an increase in the financing rate and fostering an inclusive economy.
How factoring can help different industries
Every industry has its own specifics. As an entrepreneur, you are always looking for solutions. Here’s how factoring can help entrepreneurs in sectors such as production, agriculture, retail, and transportation.
How AI Revolutionizes SMEs’ Access to Financing
AI revolutionizes the access of SMEs to financing: more accurate solvency assessment, efficient loan decisions, and addressing challenges through alternative data analysis.
5 ways to maintain a positive cash-flow
Choosing the most appropriate methods for maintaining a positive cash-flow should start with understanding the causes underlying a business’s liquidity deficit.
Debt management – a source of liquidity
Managing accounts receivable is essential for a business. SMEs that offer customers extended payment terms can use factoring as a financing tool for efficient accounts receivable management.
Alternative Financing and its advantages
With the technology help, the SMEs can improve their experience using Alternative Financing platforms, which are using modern credit scoring tools that facilitate risk analysis.
What is and how can factoring be accessed?
Factoring is a working capital financing instrument. Discover what sets factoring apart from other financing methods, as well as how it can be accessed as an Alternative Financing option.
Methods for Improving the Liquidity of SMEs
Among the various methods available to an entrepreneur for improving liquidity, factoring through Alternative Financing best meets the criterion of agility.