This expands the company’s ability to provide global corporate cards and solutions for expense management, travel, banking, and bill pay. Citi serves as a senior lender for the credit facility, and it was joined by TPG Angelo Gordon as a participating lender.
A report by GRENKE UK notes how over half of SMEs are relying on credit cards for financing, despite the drawbacks and inefficiencies associated with this method.
Most small businesses have credit as another source of liquidity besides cash, often with credit cards playing a role….
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
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