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Small and medium businesses act as a pillar for an economy as they’re the largest contributor to any country’s employment and economic growth, but still, access to finance to these businesses remains the key challenge for them.

With the fintech coming into the picture, the scenario has changed, and now…

Earlier it was very difficult for a small business to get business loans from traditional banks, due to their tedious process.

Now with the introduction of fintech, many small businesses are getting benefitted as fintechs are developing customized solutions for SMEs by operating in partnership with banks.

The partnership is…

Irrespective of the industry it operates, maintaining profitability and managing working capital efficiently are important for every SME business to survive and gain competitive advantage.

Working capital= current assets- current liabilities

Currents assets examples: accounts receivables, inventory, investment, cash in hand

Current liabilities examples: operational expenses and debt payments

Why is it important for SMEs to maintain Working capital efficiently?


In every economy small and medium enterprises are the biggest contributor to their growth and employment generation, that’s why SME’s need to grow their business to take part in supporting their country’s economy.

To grow in long term SME’s need to manage their finances well and digitization plays a vital…

How to collect payment faster for SME operations in UAE?

Hylobiz believes in growing together and foresees a future where SME businesses in UAE grow with us.

Connected banking and connected ERP on Hylobiz

· You can link your existing bank account with Hylobiz seamlessly

· Hylobiz is in partnership with multiple banks and NBFCs

· You can link your existing ERP/ accounting software with Hylobiz


Working capital is the amount used by a business to meet its day to day operations, it represents the financial health of a business. Generally Working capital amount is derived by subtracting current liabilities from current assets of a business.

Working capital formula = Current assets — Current liabilities


It is important to plan working capital efficiently to manage operational expenses and to meet long term funding requirements.

Let us understand the steps towards building a working capital plan for SMEs

1. Analyze the long term and short-term fund requirements

For effective working capital planning the short-term funding needs (like payroll, rent, etc) and long-term funding needs (like…

In January 2021, the Saudi Central Bank “SAMA” announced open banking policy” allowing the fintechs to serve the Financial Service Sector. The MoU signed recently in February 2021, between Central Bank of UAE and the Hong Kong Monetary Authority supports collaboration of financial institutions with Fintechs to strengthen the regulatory…

Earlier If a business was not able to manage its working capital then also it was not able to survive in long run but in today’s world a business can optimise its working capital with the help of cutting edge technology solutions provided by fintechs.

Technology has changed the financial…

Joseph, a small business owner based out of Bengaluru was in trouble to pay off his shop rent , electricity bills and other day to day expenses as he was not able to manage his inventory, receivables and cash.

Here the problem faced by Joseph is inefficiency to manage working…

Hylo Biz

SME NeoBanking products — Payments receivables, Payables and Credit scoring for SME.

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