Eli Michal started his career as a Flow Cytometry Engineer, so a passion for analytics has been part of his career from the very beginning. After working in corporate roles in banking and insurance, he left to form Payabill in 2017.
In Eli’s view, banks aren’t great at lending to small businesses. The process is clumsy and takes far too long, particularly as small business owners generally need access to working capital on short notice. This pushes entrepreneurs into taking unsecured loans, which isn’t an efficient way to service this market.
Any entrepreneur knows how tough it is to manage working capital and access funding. In this podcast, Eli speaks to his passion for entrepreneurs and how Payabill services this market.