This article first appeared in The Edge Malaysia Weekly on October 24, 2022 – October 30, 2022 LOANS to small and medium enterprises (SMEs) are continuing to grow at a healthy rate, thanks in part to government support. In view of rising inflation and interest rates, however, as well as growing risks of a global […]
Keeping an eye on SME loans amid rising headwinds Read More »
The move to encourage the underprivileged population for small and medium enterprises (SME) comes a year after the Bangladesh government recognised Hijras as the third gender. People belonging to ethnic groups including the Rakhine, challenged persons and “underprivileged women entrepreneurs” will also come inside the SME activities, the notice said. https://www.thedailystar.net/country/hijras-ethnic-populace-get-sme-loans-94942
Hijras, ethnic groups to get SME loans Read More »
Siddharth Parekh, Senior Partner and Co-Founder at Paragon Partners, Aseem Dhru, MD & CEO at SBFC Finance Limited and Sumant Rampal Hd-Biz Banking, Rural Banking at HDFC Bank discusses financing small businesses in India, and are key challenges and risks involved. https://www.cnbctv18.com/binge/financing-indias-smes-t-5tsPbSJ_OLk.htm
Small business loans let eligible business owners borrow funds to cover company-related purchases and operating expenses. Whether you’re just starting your business or trying to grow, the best small business loans can help you access the capital your business needs to thrive. https://www.forbes.com/advisor/business-loans/best-small-business-loans/
Best Small Business Loans Of February 2024 Read More »
As concerns around a recession fall, over a quarter (26%) of SME finance experts say that small businesses are mostly seeking higher-value loans of over £100,000 – up from 15% the previous quarter. Demand for smaller loans is waning in line with SMEs’ focus on larger loans, suggesting growing demand for longer-term funding, as opposed
Demand for larger SME loans climbing as recession fears ease Read More »
Startup business loans help new companies get off the ground without having to qualify for traditional business loans. Startup owners can rely on term loans, lines of credit, asset-based financing and business credit cards to cover operating costs. Whereas, funds from friends, family and crowdfunding campaigns can help startups with insufficient credit history access more
Best Startup Business Loans Of February 2024 Read More »
The average small business bank loan interest rate ranged from 5.89% to 12.23% in the third quarter of 2023, according to the most recent data from the Federal Reserve[1]. But rates depend on many factors. Understanding small-business loan costs can put you in a stronger position to choose the best option and save money as
Average Business Loan Rate: What to Know About Interest Costs Read More »
Despite considerable progress in financial inclusion, MSMEs in India continue to face significant challenges in accessing financing. World Bank data indicates that only 15% of MSMEs in India have a bank loan, compared to 45% in “Rapid Reformer” countries https://economictimes.indiatimes.com/small-biz/sme-sector/a-latvian-lesson-how-india-can-ensure-msmes-get-loans-more-easily/articleshow/101356547.cms?from=mdr
A Latvian lesson: How India can ensure MSMEs get loans more easily Read More »
With the Union Budget set to be unveiled on February 1, small lenders have pitched for supportive measures from the government, including finding assistance and credit guarantee support. https://www.moneycontrol.com/news/business/budget/budget-2024-small-lenders-pitch-for-sme-funding-support-sector-guaranteed-scheme-12017121.html
Budget 2024: Small lenders pitch for SME funding support, sector guaranteed scheme Read More »
Furthermore, the slowdown in the economy last year has caused significant pain to MSMEs due to high-interest rates in the lending landscape inhibiting their operational capabilities https://bwdisrupt.businessworld.in/article/Reduce-SME-Lending-Rates-Provide-Greater-Credit-Access-Say-Experts/10-01-2024-505420/
Reduce SME Lending Rates, Provide Greater Credit Access, Say Experts Read More »
