Access to capital for small- to medium-sized businesses (SMBs) has always been vital, as well as a challenge. Borrowers don’t always have a consistent experience in their hunt for financing, either. In some cases, when a traditional bank shuts the door on an SMB applicant, a business owner may not...
Italian Bank Intesa Sanpaolo Inks Supplier Financing Deal With Gucci
In a move that bolsters financing for the supply chain of Gucci, Intesa Sanpaolo has inked a deal with the luxury goods group to ease financing for small companies that supply the firm. The Italian retail bank said it would apply the financing conditions that Gucci receives to its suppliers,...