Micro-companies fight to maintain financial liquidity

Although the third quarter of 2020 was successful for sole proprietorships, the threats related to the next waves of the pandemic, and the possibility of further lockdowns did not disappear. In addition, there were problems with timely payments from contractors and access to bank financing. In this situation, they more and more often resorted to factoring, which, especially in the micro-enterprises sector, recorded dynamic increases.“The entire second quarter was the market adjustment to the…