In maart versnelde meer dan 4 miljard USD aan vervroegde betalingen

SAN FRANCISCO– (BUSINESS WIRE) – Het vroege betalingsvolume is met 208% gestegen van maand tot maand, aangezien COVID-19 de vraag naar financiering door kleine bedrijven vergroot, volgens de laatste inzichten van Taulia, de leider in oplossingen voor werkkapitaaltechnologie. Deze inzichten bevestigen dat kleine bedrijven een betrouwbare en voorspelbare cashflow nodig hebben om hun bedrijf te runnen in deze turbulente tijden.

Alleen al in maart werd meer dan 4 miljard dollar aan facturen gefinancierd via het Taulia-platform. Bovendien steeg de adoptie van nieuwe leveranciers maandelijks met 178%. Deze statistieken geven aan dat kleine bedrijven op zoek zijn naar manieren die verder gaan dan traditionele bankleningen om toegang te krijgen tot financiering om de kloof in de kasstroom te dichten en werkkapitaal te verkrijgen. In de leveranciersenquête van 2020 van Taulia waren dit twee van de belangrijkste redenen waarom leveranciers om vroegtijdige betaling vragen, waaruit blijkt hoe belangrijk deze programma’s zijn tijdens de COVID-19-crisis.

“Aangezien de economische omstandigheden zijn verslechterd, met name de kredietmarkten, hebben we een enorme toename van de vraag naar vroege betalingen gezien. We hopen dat we gedurende deze tijd kleine bedrijven, die de ruggengraat van onze economie vormen, kunnen helpen toegang te krijgen tot het geld dat ze nodig hebben om zich voor te bereiden op een betere toekomst, ”zegt Taulia CEO, Cedric Bru.

Taulia: Early Payment Volume Is Up 208% as Small Business Demand for Financing Increases During the COVID-19 Crisis

More than USD 4 billion in early payments accelerated in March

SAN FRANCISCO–(BUSINESS WIRE)– Early payment volume is up 208% month-over-month as COVID-19 increases demand for financing by small businesses, according to the latest insights by Taulia, the leader in working capital technology solutions. These insights confirm that small businesses are in need of reliable and predictable cash flow to run their businesses during these turbulent times.

In March alone, more than USD 4 billion of invoices were financed using Taulia’s platform. Furthermore, new supplier adoption soared by 178% month-over-month. These statistics reflect that small businesses are looking for ways beyond traditional bank lending to access financing to overcome cash flow gaps and obtain working capital. Taulia’s 2020 Supplier Survey found these to be two of the main reasons why suppliers request early payments, revealing how critical these programs are during the COVID-19 crisis.

“As economic conditions have deteriorated, especially credit markets, we have seen a tremendous increase in demand for early payments. It is our hope that during this time we can help small businesses, which are the backbone of our economy, access the cash they need to prepare for a better future,” says Taulia CEO, Cedric Bru.

“Having the ability to request early payment has given us certainty as we don’t know what the future may hold. Access to extra liquidity enables us to optimize our cash flow to keep the business running smoothly,” says one supplier, Rocky Schmidt of Karet Trading.

The Supplier Survey collected the views of nearly 20,000 respondents and found that approximately 56% of all suppliers, both small and large businesses, were interested in requesting early payments. The benefits of taking early payment are clear: there is a strong desire to manage cash flow (34%), have payment predictability (20%) and gain access to working capital (15%). Taulia’s unique proposition allows all suppliers – regardless of size – to join the platform and access early payment.

For more information and for full access to the report, please click here

Note for editors: Taulia is a leading provider of working capital solutions headquartered in San Francisco, California. Through a unique combination of its technology platform, people and process, Taulia helps companies access the value tied up in their supply chain by transitioning from inefficient and often manual working capital management practices into technology-led, working capital optimization strategies. Taulia’s vision is to create a world where every business thrives by enabling buyers and suppliers to choose when to pay and get paid. A network of 2 million businesses use Taulia’s technology and the company processes over $500 billion every year.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200409005309/en/

Contacts

Mary Arrizza

Marketing Communications Associate

mary.arrizza@taulia.com