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?? How Supply Chain Financing Empowers Local Governments & Small Businesses ?? In many communities, small and medium enterprises (SMEs) are the lifeblood of the local economy. However, cash flow challenges often hinder their growth and sustainability. This is where supply chain financing steps in, providing SMEs with the working capital they need to thrive — and local governments have a crucial role to play in making this a reality. Local governments can leverage programs like Skyscend's EarlyPay to empower SMEs and support community-driven growth. By enabling quicker access to cash through early invoice payments, EarlyPay helps businesses maintain smooth operations, pay employees, and invest in growth opportunities without waiting for extended payment terms from larger partners. ?? Why does this matter? ?????????????????? ????????????: With cash flow stability, SMEs can focus on innovation, hiring, and expanding their reach, directly impacting job creation and economic resilience. ?????????????????????????? ??????????????????????: SMEs are deeply embedded in local communities. By supporting them, governments help create stronger, more vibrant local economies. ???????????????? ????????????????????????: Programs like EarlyPay foster collaboration between governments, suppliers, and financial institutions, creating a supportive ecosystem for businesses to flourish. By utilizing Skyscend's EarlyPay, local governments can not only assist SMEs in overcoming financial hurdles but also strengthen their local economies, driving long-term prosperity and resilience. #SupplyChainFinancing #SMEs #LocalGovernment #CashFlow #CommunitySupport #Skyscend #EarlyPay #EconomicGrowth #FinancialInclusion #SMEempowerment

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Chiara Bersano??

Human Resources ?Artificial Intelligence ?Faculty ?Speaker

2 周

Indeed - cash flow is such a problem for SME! A hiccup becomes too often unsurmontable. Good points!

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