SMEs are very depressed about the United States Economy: When will this impact the Factoring Industry? – Part 2
If we have come to some consensus that the American economy is at best treading water, let’s turn our attention to the impact that a sickly economy might have on the domestic factoring industry for the rest of 2022 and perhaps even into 2023. As I have written about this topic in similar past periods of economic regression, the theme of my comments remains virtually unchanged. I believe that now is the time to batten down the hatches and get ready for what is likely to be a very challenging and increasingly uncertain SME environment. What steps can we take and what advice can we provide our current and future B2B and B2G SME clients to help them ride out the coming storm successfully?
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Posted on Aug 8, 2022 Region: USA
Factoring smes, inflation, US economy, Factoring, Mark Mandula
