Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.

In this 104th episode of Money Hacks, correspondent Howie Lim speaks to Morgan Terigi, CEO and co-founder of Incomlend about how cash-strapped SMEs can access diversified sources of working capital, especially during these challenging times.

Highlights of the conversation:

SMEs’ lack of access to working capital as Government support schemes ease (1:15)
Why SMEs should consider non-recourse financing options, though it’s riskier for lenders (4:00)
Other alternative and suitable financing options for SMEs (7:26)
How ESG can be an accelerator for an SME’s growth (11:27)

Produced by: Howie Lim, Ernest Luis and Lee Kim Siang

Edited by: Howie Lim

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Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

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S1E104: Reducing SMEs' indebtedness and mitigating bankruptcy risk: BT Money Hacks Ep 104

BT Money Hacks

S1E104: Reducing SMEs' indebtedness and mitigating bankruptcy risk: BT Money Hacks Ep 104