If your corporation is interested in supporting black and diverse-owned suppliers through ultra-affordable, early payment, contact us to learn more about Supplier Success + @C2FO.
PROBLEM: "Limited funding—in the form of lower loan-approval rates and less start-up capital—often means that minority-owned businesses start small and stay small." 🧵 https://t.co/33wdq9JgRd
SOLUTION (via our partner, @C2FO): "Some leading retailers have eased the burden by offering early-payment programs, in partnership with financial technology company C2FO, that let suppliers select an invoice for accelerated payment." https://t.co/NLlfQf1FnB
We're thrilled to announce our new partnership with @C2FO, which will provide diverse-owned businesses special access to the world's LARGEST working capital platform. #supplierdiversity#workingcapital#diversebusiness#mbe#wbe https://t.co/ddGYvip1lm
BREAKING: Supplier Success Leads Expansion of Facebook’s Invoice Fast Track Program, Providing Up to $100 Million for Diverse-Owned Businesses https://t.co/1BX2h1CxfV
“'What none of those things do is address the biggest problem that viable businesses have, which is working capital needs,' said Green. 'That’s the biggest indicator of success and longevity: working capital.'”
"During the pandemic and the rise of social justice movements over the last year, large corporations and financial institutions have reacted in an effort to promote the success of minority-owned businesses, be it through education programs or placing money in minority-run banks."