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oCap taps AI, machine learning to offer short-term loans to SMEs

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Published Tue, Jul 9, 2019 · 09:50 PM

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Singapore

SMALL and medium-sized enterprises (SMEs) will soon have a new financing option that leverages machine learning and artificial intelligence.

Working capital provider oCap Management announced on Tuesday its new Merchant Cash Advance (MCA) loan solution that analyses a firm's "tangible business performances and cash flow".

Singapore SMEs

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