Post by account_disabled on Mar 4, 2024 23:08:21 GMT -8
Sectors such as construction operate similar to what this mercantilist comments on. “These bureaucratic systems are designed to delay payments. In the end, SMEs all end up depending on banks. “They are looking for external financing.”
SMEs do not ask for money to finance projects, but to finance the working capital they need .” If they are not paid, they need financing to pay the monthly salaries of their workers.
He also clarifies that “ this has caused bankruptcies Fax Lists and insolvencies to have grown significantly. This year they have grown more than in the last ten years, where most of the creditors are the banks themselves, meaning that 75% of the liabilities of SMEs come from financial entities, guaranteed by natural persons. That means that, if you take the company, you also take the person ,” he clarifies.
For his part, Marco Bolognini , commercial partner at Maio Legal, affirms that “the initiative is good. Everything that involves securing credit for companies and the self-employed must be evaluated . However, we will have to see its actual practical implementation. "It can still have modifications in the European Parliament."
Marco Bolognini, partner responsible for commercial matters at Maio Legal. (Photo: Maio Legal)
From his point of view, there are two issues to consider: “First of all, we will have to see which entity is competent to monitor payments at the national level, we do not know who will be able to manage it.”
SMEs do not ask for money to finance projects, but to finance the working capital they need .” If they are not paid, they need financing to pay the monthly salaries of their workers.
He also clarifies that “ this has caused bankruptcies Fax Lists and insolvencies to have grown significantly. This year they have grown more than in the last ten years, where most of the creditors are the banks themselves, meaning that 75% of the liabilities of SMEs come from financial entities, guaranteed by natural persons. That means that, if you take the company, you also take the person ,” he clarifies.
For his part, Marco Bolognini , commercial partner at Maio Legal, affirms that “the initiative is good. Everything that involves securing credit for companies and the self-employed must be evaluated . However, we will have to see its actual practical implementation. "It can still have modifications in the European Parliament."
Marco Bolognini, partner responsible for commercial matters at Maio Legal. (Photo: Maio Legal)
From his point of view, there are two issues to consider: “First of all, we will have to see which entity is competent to monitor payments at the national level, we do not know who will be able to manage it.”