Alternative solutions to Hong Kong SMEs’ cash flow challenges

Banks and regulatory bodies have been tightening the lending requirements since the global financial crisis. Maintaining a healthy cash flow has become the biggest challenge for small and medium-sized enterprises (SMEs). In the following video, Professor Raymond So, Dean of the School of Continuing Education of the Hong Kong Baptist University and Mr. Stephen Pendergast, Vice President and General Manager of Global Commercial Payments, Hong Kong and Taiwan of American Express have joined together to discuss how Hong Kong SMEs can leverage alternative payment solutions that are more flexible and efficient, to help meet their short term cash flow needs.