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Tradegrid launches 4 tools to boost SMEs’ liquidity

Tradegrid, a marketplace platform, has announced four solutions to support Small and Medium Enterprises (SMEs) on survival strategies and business liquidity. According to the Managing Director,…

Tradegrid, a marketplace platform, has announced four solutions to support Small and Medium Enterprises (SMEs) on survival strategies and business liquidity.

According to the Managing Director, Tradegrid, Mr Paul Adeyoyin, in a statement, one of the products helps to transform fueling stations into multi-experience centres with alternative energy mixes like natural gas, electric vehicle charging, etc.

He said, “Africa’s large-ticket trade market is faced with a severe cash crunch. In sectors like Fuel forecourt, this has influenced results across three key areas including credit, utilisation and ownership.”

Adedoyin said operators need access to swift product supply and formal credit systems that can be leveraged to meet their product demand while being environmentally responsible. “We have bootstrapped operations since the first transaction in January 2022. We are delivering strong growth at our core, while rapidly building defensible moats and enhancing our eco-system of offerings,” Adeyoyin assured.

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