Exploring Huma Finance Part Four

Hello everyone, welcome to Coco's channel~

Previously, Coco imagined several usage scenarios, and today Coco continues to share with you 🤗🤗🤗🤗

Coco, taking advantage of the time, broke it down and explained: Usage Scenarios 🚀🚀

Small Business Cash Flow

Coco recently established a small company, let's call it Coco Limited,

Suddenly, good luck struck, Coco Limited unexpectedly provided supplies to a large enterprise, but large enterprises usually take 60-90 days to pay for goods, and small businesses have weak bargaining power, so they can only passively accept it (this is the plight of small companies, a common issue for large enterprises). During this period, Coco Limited faced a cash shortage dilemma, unable to procure raw materials and pay employee salaries on time. Since the original startup capital was entirely used in the production of tea products, Coco Limited could only recover the invested capital and gross profit after selling the products~

So, what to do at this time? Coco was also troubled by this situation; just smoking isn't a solution. Seeking loans? Have you forgotten how difficult it is for small businesses to get financing? Private lending, and let’s not even talk about interest; will you be able to repay the favor? Informal lending has high interest rates; don't you remember those news stories of families being ruined? 🤔🤔🤔

Remember Huma?

Through the Huma protocol @Huma Finance 🟣 , invoices are money; Coco can convert unpaid invoices into liquid funds and receive payments in advance. With cash, the company can operate normally, ensuring its regular operation. #HumaFinance

This solves the problem~⛽⛽⛽🤗🤗👉🚀🚀🚀🚀