What SMBs’ Cash-Flow Crisis Means For Fintech
CB Insights
APRIL 22, 2020
Unlike larger, more established firms, they have small cash buffers and depend on external capital to sustain growth. The median US-based SMB has 27 days of cash reserves on hand, meaning that it can only pay its expenses — with no cash inflows — for less than a month. What a cash flow crisis means for fintech companies.
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