PUNCH

MCB Group
  • 0.0 (0)
  • ENTREPRENEURSHIP

Because we care for our local businesses, we've created PUNCH, a friendly community for entrepreneurs, where you can make meaningful connections and find the inspiration, tools, expertise and financing you need to grow your business.

Episodes

  1. La Minute PUNCH – Alternative Financing: Factoring

    12/16/2022

    La Minute PUNCH – Alternative Financing: Factoring

    Factoring is a financial tool where you, the entrepreneur would sell your invoice to a factoring firm, like MCB at a discounted rate, which helps to boost your cash flow. By using the factoring financing method, Yashveer from Freelance Distributors was able to buy his products in cash from suppliers and provide an advance to his customers, e.g. supermarkets and hypermarkets. Ultimately, Yashveer can focus on his core business while the factoring firm does the follow through.

    1 min
  2. La Minute PUNCH – Alternative Financing: Leasing

    12/16/2022

    La Minute PUNCH – Alternative Financing: Leasing

    From keeping your cash on hand to adopting new technologies, equipment financing is part of a business plan that needs to be considered. You don’t always need to own a machine; you can also lease it. There are different types of leasing out there, and you need to choose which works best for your business goals. What’s interesting is that some kinds of leasing can take that equipment itself as a guarantee. In the case of Simp’Ex, Serge shares that their machines had to be renewed to ensure they were on par with the latest technology. Having reliable and modern equipment makes Serge’s business efficient and ensures production quality. Leasing was an excellent option for Simp’Ex.

    1 min
  3. La Minute PUNCH – Payment Acceptance

    12/16/2022

    La Minute PUNCH – Payment Acceptance

    Going cashless is the way to go! It allows for faster, easier and more secure transactions. Customers can wave goodbye to long wait lines, and business operations are made more efficient. In fact, since COVID, there has been a 150% increase in contactless payments and a 55% rise in e-Commerce. Cashless solutions are here to stay. Sawkut from Ranzlakaz.mu shares how he had to innovate during the pandemic. He realized that it was important for his business to adapt to consumer needs and to have an online presence. Now, his business works online 24/7 and his customers can get products delivered right to their doorstep.  There are several ways that you can cater for a cashless customer. If you have an online store like Sawkut, then a payment gateway with plug-ins and extensions can be added your website. If you have a physical store, you have the QR pay and a POS where one can tap and go. So go cashless, make the payment process faster for your customer and win the day! Learn more about the different cashless payment solutions.

    1 min
  4. La Minute PUNCH – Trade Finance Solutions

    11/24/2022

    La Minute PUNCH – Trade Finance Solutions

    Most of our goods travel around the world to get to us. One of the ways to facilitate this international trade and commerce is trade financing – it takes away the payment and supply risk. HKF Electrical has been in the import/export business for 32 years. Elisa from HKF shares with us that she has always been able to pay the cost of supplies on time through import credit facilities. This helps establish trust and credibility with different suppliers. If like Elisa, you are also in the import business, MCB's trade finance facilities are an easy solution to finance your imports. Get in touch with your Relationship Manager.

    1 min
  5. La Minute PUNCH – Access to Finance

    11/11/2022

    La Minute PUNCH – Access to Finance

    Access to finance can allow you to pursue profitable growth or ensure that you don’t just make ends meet. While a small business loan is more suitable for a long-term investment, the overdraft is for a short-term business need. With a loan, you want to cover the up-front cost of expansion – for example: the cost of machinery or raw materials. With an overdraft, you get the flexibility to ease your cash flow. This gives a certain relief when unforeseen circumstances arise, as it was the case for Jenny Pidial from Fit U Garment Ltd. Pro-tip: Formulate a repayment strategy and ensure that you make your payments on time!

    1 min
  6. La Minute PUNCH – Payroll Solution

    11/08/2022

    La Minute PUNCH – Payroll Solution

    The world is moving fast. In ancient times, cheques came about from letters written to bankers. In the 1960s, we saw the breakthrough of credit card technology. And today, we have online banking! New tech solutions offer efficiency in how we do business, how we bank. Online banking with MCB is secure and within the flick of a finger. Nathalie Michel from Security One Company Ltd – currently employing 250 people – explains how online banking streamlines her payroll process at the end of the month.

    1 min
  7. La Minute PUNCH – Sustainable Business

    10/28/2022

    La Minute PUNCH – Sustainable Business

    In January 2022, we saw the ban on single-use plastics in Mauritius. Landfill capacity is a serious challenge for our small island country. It’s no longer a matter of if, but when and how fast Mauritian entrepreneurs will step up their game to take matters in hand. We had the pleasure of speaking with Rahul. He shared more about his business solution – the be.eau plastic-free bottles originating from sugar cane. If you have a sustainable business solution like Rahul, the Lokal is Beautiful Scheme is for you.

    1 min
  8. La Minute PUNCH – Cash Handling

    10/26/2022

    La Minute PUNCH – Cash Handling

    As an entrepreneur, you run your business; you are needed everywhere by everyone to take action and decisions. Your real estate of time is crucial. By nature of his business, Iqbal, from IQAS Distributor Ltd receives a lot of cash and cheque deposits. He juggles amongst a gazillion of To-Do's on his checklist. One of the solutions that helps him save time is the Business Deposit Card: he does not have to go in the branch anymore. Now, he has a good few hours saved up for meaningful work.

    1 min
  9. La Minute PUNCH – PUNCH Platform

    10/26/2022

    La Minute PUNCH – PUNCH Platform

    Brought to you by PUNCH member-entrepreneurs, La Minute PUNCH explores digital and financial solutions that you can use as start-up/small business entrepreneurs to leap forward. In order to grow a business, an entrepreneur must actively and continuously network to unlock new opportunities. This introductory episode features Marie-Noëlle Elissac-Foy from The Talent Factory Co. Ltd. As one of the first PUNCH members, Marie-Noëlle connected with a new pool of customers and found potential business suppliers through the online platform. Networking is made easy and comes naturally when you are part of a community.

    1 min
  • 9 Episodes

About

Because we care for our local businesses, we've created PUNCH, a friendly community for entrepreneurs, where you can make meaningful connections and find the inspiration, tools, expertise and financing you need to grow your business.

Information

  • Creator
    MCB Group
  • Years Active
    2K
  • Episodes
    9
  • Rating
    Clean
  • Copyright
    © 2026 PUNCH
  • Show Website
    PUNCH