HSBC Intros Tool to Speed Access to Working Capital
HSBC debuted a tool designed to help customers get faster access to working capital . The banking giant’s HSBC TradeCash is a trade finance solution that allows customers to share sales invoice data online and borrow against it, according to a Monday (June 15) press release provided to PYMNTS. “HSBC TradeCash is designed to help customers unlock cash tied up in receivables, with a digital journey that helps reduce administrative burden,” Vivek Ramachandran , global head of trade at HSBC, said in