{"id":1122,"date":"2023-12-19T06:10:42","date_gmt":"2023-12-19T06:10:42","guid":{"rendered":"https:\/\/smeloans.com\/?p=1122"},"modified":"2023-12-19T06:10:43","modified_gmt":"2023-12-19T06:10:43","slug":"according-to-a-ficci-report-financing-and-expensive-credit-are-two-of-the-largest-problems-facing-smes-in-india","status":"publish","type":"post","link":"https:\/\/smeloans.com\/index.php\/2023\/12\/19\/according-to-a-ficci-report-financing-and-expensive-credit-are-two-of-the-largest-problems-facing-smes-in-india\/","title":{"rendered":"According to a FICCI report, financing and expensive credit are two of the largest problems facing SMEs in India"},"content":{"rendered":"\n<p>In spite of many government plans and incentives, small and medium-sized enterprises (SMEs) in India suffer intrinsic funding hurdles, according to a recent research by the Federation of Indian Chambers of Commerce &amp; Industry (FICCI). The FICCI research emphasises how SMEs in India are transforming and being resilient.<br>According to the survey, the most popular funding source for SMEs to establish and operate a business was bank loans, which were followed by own capital or self-funding. Out of all SMEs, the largest percentage (85%) have utilised bank loans to establish and operate their businesses. These are followed by companies that have used their own capital or self-funding (50%), NBFCs (30%), and informal lenders (friends, family, and moneylenders) (26%).<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbctv18.com\/business\/companies\/financing-and-high-credit-costs-among-biggest-issues-faced-by-smes-in-india-says-ficci-report-18100161.htm\">Read more><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In spite of many government plans and incentives, small and medium-sized enterprises (SMEs) in India suffer intrinsic funding hurdles, according to a recent research by the Federation of Indian Chambers of Commerce &amp; Industry (FICCI). The FICCI research emphasises how SMEs in India are transforming and being resilient.According to the survey, the most popular funding [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1123,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[37],"tags":[36,24],"class_list":["post-1122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-financing","tag-sme-sectors"],"_links":{"self":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts\/1122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/comments?post=1122"}],"version-history":[{"count":1,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts\/1122\/revisions"}],"predecessor-version":[{"id":1124,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts\/1122\/revisions\/1124"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/media\/1123"}],"wp:attachment":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/media?parent=1122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/categories?post=1122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/tags?post=1122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}