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Podcast: Business Is Boring
Episode: Miriana Lowrie is making trade credit a simple, paperless process
Description: They say where there's mystery there's margin and one thing that is deep in the depths of mystery is trade credit. What's trade credit? It's the second biggest source of loans in the world after banks. It's like when a business wants to buy something from a supplier and pay them 30 days later. And so much of business operates on these trade terms, but so often not on the actual terms. People are late, people need to be trustworthy, people need to guarantee they will pay.Well, one person who looked into this abyss of paperwork is...