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Banking Circle study finds SMEs were borrowing funds to pay business costs even before COVID-19

News | Payments General | 28 May 2020

Banking Circle has found that nearly two thirds (64.6%) of online merchants have needed extra finance in the past two years (excluding borrowing due to the current COVID-19 crisis).

FX rates, loans, SMEs, banking, fintech, merchants, Europe, study, cross border payments, payroll, business costs, settlement accounts, Banking Circle