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Why is a digital financing alternative for your startup more convenient than a bank loan?

Why is a digital financing alternative for your startup more convenient than a bank loan?

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process. The most recurring problem for companies today, and the main reason for bankruptcy, is the lack of cash flow. In other words, when entrepreneurs start to run out of money to operate, a common mistake is to resort to loans for SMEs granted by traditional banks. Traditional loans offer fixed amounts, with a fixed rate for a fixed term to be paid in fixed installments. This rigidity forces companies to borrow more than they need and therefore to pay more interest […]

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