We value your company #20: Putting working capital to work (Eli Michal, co-founder and CEO of Payabill)

Episode 20 November 09, 2023 00:29:06
We value your company #20: Putting working capital to work (Eli Michal, co-founder and CEO of Payabill)
The bizval podcast: businesses built for sale
We value your company #20: Putting working capital to work (Eli Michal, co-founder and CEO of Payabill)

Nov 09 2023 | 00:29:06

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Hosted By

The Finance Ghost

Show Notes

Eli Michal started his career as a Flow Cytometry Engineer, so a passion for analytics has been part of his career from the very beginning. After working in corporate roles in banking and insurance, he left to form Payabill in 2017.

In Eli’s view, banks aren’t great at lending to small businesses. The process is clumsy and takes far too long, particularly as small business owners generally need access to working capital on short notice. This pushes entrepreneurs into taking unsecured loans, which isn’t an efficient way to service this market.

Any entrepreneur knows how tough it is to manage working capital and access funding. In this podcast, Eli speaks to his passion for entrepreneurs and how Payabill services this market.

You can connect with Eli on LinkedIn here.

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