In traditional finance, invoice financing is a lifeline for small and medium-sized enterprises, but it has high thresholds and low efficiency, making it difficult for many small businesses to borrow money. @Huma Finance 🟣 ($HUMA ) is changing this situation.
It brings "future income" directly onto the chain through the PayFi network: invoices and accounts receivable can be used as collateral, allowing businesses to access 70-90% of funds in advance, while repayments are automatically settled by smart contracts.
This means that financing has been shortened from weeks in the past to just minutes. Small and medium-sized enterprises and cross-border entrepreneurs can now access financing equally, no longer monopolized by large enterprises.
As of now, Huma has established an open on-chain invoice financing market that is transparent, inclusive, and global. In the future, the logic of supply chain finance may be completely rewritten because of Huma.
