AI Could Make Small Trade Loans Pay Off Again

When a company sells goods to a buyer overseas, it often has to wait 30, 60 or 90 days to get paid.

In the meantime, it needs cash to keep running. Banks have historically been reluctant to lend against that wait, especially for smaller companies, because the cost of checking a borrower’s paperwork and creditworthiness […] The post AI Could Make Small Trade Loans Pay Off Again appeared first on PYMNTS.com.