Compressing The Distance Between Two Points

Johnathan Lugo Fintech

THE MARKET In the United States, small and mid-sized companies struggle due to slow billing cycles for delivered goods and services. 120-day billing cycles are destructive to small businesses: delayed cash flow limits economic activity and halts growth across all industry sectors. A BIGGER PROBLEM After the 2008 financial crisis, it has been nearly impossible for small companies to acquire loans from traditional banks. …

Put “Work” Back Into “Working Capital”

Johnathan Lugo Fintech

When you’re a public company, you’re primarily concerned with satisfying shareholders. Your efforts to brand the corporation and to generate revenue are all geared to make stakeholders happy; however, many c-suite managers fail to see the bigger picture. In order to propagate the supply-chain community, public companies require as much of a focus on their vendors as they do on shareholders. Let’s look at retail …

How is Paygevity Different than a Factor?

Johnathan Lugo Fintech

Paygevity seeks to disrupt the factoring industry –just like Uber™ disrupted the Yellow Taxi Industry, and AirBnB™ disrupted the Hotel Industry. How is Paygevity different than a Factor? A Factor is a Lender, as Paygevity is a “Prompt” Payment Processor.  On the one hand, Factors are comprised of commercial banks, specialty finance companies, and hedge funds that charge high interest rates and high …