Factoring is becoming increasingly popular among SMEs as digital finance products are the future

By: Trademagazin editor Date: 2021. 03. 02. 11:30
Interest in digital financing products has grown significantly, as the crisis caused by the pandemic has had a strong impact on the liquidity of domestic SMEs.
Since March 2020, the number of SMEs registering on the Péntech financing site has increased by more than 400 percent.

The coronavirus has fundamentally changed the world, the economic consequences of the pandemic have had to be borne by all sectors, and this is no different in the lives of small and medium-sized enterprises in Hungary. In times of crisis, companies are constantly looking for extra safety nets and resources that can help them get through more difficult times.