Even though the recent events are casting the shade, the Titanic remains the well-known disaster of the 20th century. As flaws are imminent to any endeavor, there was a regulations’ fault that contributed to the number of casualties of the Titanic.

At the time, the size of the Titanic was way beyond the speed of the regulations review. To explain, The British Board of Trade had a rule for the same number of lifeboats (16) for all vessels over 10,000 tonnes. However, the Titanic was 4,6 times heavier than the boats 20 years before, the last time of regulations update.

Imagine if the passengers were only migrants to the US, the disaster would be 5x higher. The number of people, for the boat of that size, could be up to 10.000! Since the loss of a single human life is a tragedy, we are not here to amaze with the numbers. With Infidia, we are here to help each and every SME to overcome the stormy sea of entrepreneurship.

When embarking on the business endeavor, every SME must sail between Scylla and Charybdis. Embodied in some familiar forms, these are hard to recognize. But with the invoice financing for SMEs by Infidia as a wind in the sails, everything is achievable.

Family and Friends as an Anchor

Even though your family is, by the rule, wishing you good, the question is — do they know what is “good”? Remember the time when starting a business, when family and friends discouraged you? What was the underlying reason?

It is quite simple. As Elias Canetti describes in his comprehensive study in his book “Crowds and Power,” there are many reasons for keeping you down. DNA holds explanations, and one of these is that any member that is leaving threatens the herd.

In the past, raiders would appear and chase away people from their crops and homes. Logically, herd dispersing means the lesser defensive numbers. But another reason lies in different beliefs, that scatters the herd’s unity.

Nowadays, the appropriate behavior is the meaningless work that most of the herd follows. However, the sad truth is that it is a cover-up for the lack of ambition. And your family and friends don’t need to hear the truth.

Same as ages before, family and friends are keeping entrepreneurs in the “safe harbor.” Similar to ancient slavery, people are becoming salary-slaves depending on the monthly cash flow to provide food and rent. But, in times of crisis, corporations are laying off millions, and tenants are gloomily uniting to cancel rents.

Therefore, an entrepreneur already knows that safety is a myth. By visiting many, you get to realize that there is no such thing as a “safe harbor.” For this reason, you probably lifted your anchor and started sailing towards a safe future.

Finally, peace of mind will come, but only after a while. But how to survive until returning to your family and friends as a savior from their disaster?

Important/Unimportant Hindering of SMEs

When running a business, you know how many decisions you need to make. And in most cases, we do not see the bigger picture because of dealing with trivialities. However, the Urgent/Important principle suggests keeping unimportant hindering away.

Highly relevant when setting up your business as it is a foundation for relaxation or worrying in the future. However, at one point, specific regulations become a burden when it is wise to delegate that type of work.

When advancing across the sea of entrepreneurship, one can notice that the rules don’t apply for the big. It is because of the influence that big companies make on the regulators. At the same time, following their practices is an excellent way of conducting your business.

At the same time, it is also wise not to cross the path of the big companies in terms of targeting their customers. In this type of sailing, it is better to find a narrow way to your market niche. Again, compared to sailing, you should be aware of the possibility of becoming their prey.

All previous mentions of regulations and the loyalty of your companions play a significant role. Besides devotion, a set of procedures and overall organization will play a crucial role in surviving. In this case, having solutions like automated ordering software ( now free) can prove essential.

Enabling Invoice Financing for SMEs

By now, you probably realized that no institution has enough trust and respect for your business. No wonder when the definition of SMEs in the EU is as companies with:

• Less than 250 persons employed
• Annual turnover of up to EUR 50 million, or
• A balance sheet total of no more than EUR 43 million

Since financial institutions can benefit more from other clients, there is more logic than emotion at stake. Furthermore, SMEs seem risky if they are solving regulatory affairs by themselves. Moreover, SMEs are under constant threat from their big-scale competitors.

In these cases, the cost of handling the documentation is high for the expected benefits. Let’s not mention the risk of SMEs running out of the business. Since the labor of the bank clerks is a resource that banks can employ elsewhere, it is a matter of opportunity cost.

Because of this, we built Infidia, as an effort to remove the apparent “lack of trust” from this equation. By proving the validity of your invoices, we are enabling seamless invoice financing for SMEs. Thereby, allocating capital to SMEs becomes effortless for banks.

Setting our sails many times to the deep sea of entrepreneurship, we know each step of your journey. Because of this, Infidia is on a mission of helping SMEs providing a favorable wind towards their progress.

By facilitating invoice financing for SMEs, we are speeding up their cashflow.

Moreover, we are providing free software solutions for all innovators. Also, it is for those that are ready to overcome the fear of business technology. We are your trustworthy ally, guiding your peaceful sailing. At the same time, we are here to give a piece of advice, acting as lifeboats for any business situation. Check our other blog posts and send us questions how we could support your business.