{"id":1129,"date":"2023-12-19T06:17:54","date_gmt":"2023-12-19T06:17:54","guid":{"rendered":"https:\/\/smeloans.com\/?p=1129"},"modified":"2023-12-19T06:17:56","modified_gmt":"2023-12-19T06:17:56","slug":"financing-alternatives-ready-to-take-advantage-of-570-billion-in-sme-lending-opportunity","status":"publish","type":"post","link":"https:\/\/smeloans.com\/index.php\/2023\/12\/19\/financing-alternatives-ready-to-take-advantage-of-570-billion-in-sme-lending-opportunity\/","title":{"rendered":"Financing alternatives ready to take advantage of $570 billion in SME lending opportunity"},"content":{"rendered":"\n<p>The India Digital SME Credit Report 2023 projects that during the next five years, there will be a demand for credit exceeding $570 billion due to the expected doubling of digital small and medium companies (SMEs). According to a report released by Redseer Strategy Consultants and the alternative finance platform GetVantage, there may be a $220 billion credit shortfall that might limit the economic potential of millions of digitised firms. Redseer experts predict that $165 billion of the $220 billion requirement (as of financial year 2022) can be serviced after accounting for sick and financially unviable firms. The market received $53 billion infusions through various routes in FY22, but the working capital imbalance is at $112 billion as of right now.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.business-standard.com\/industry\/sme\/alternate-financing-poised-to-capitalise-on-570-bn-sme-credit-opportunity-123082400815_1.html\">Read More><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The India Digital SME Credit Report 2023 projects that during the next five years, there will be a demand for credit exceeding $570 billion due to the expected doubling of digital small and medium companies (SMEs). According to a report released by Redseer Strategy Consultants and the alternative finance platform GetVantage, there may be a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1127,"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":[23,24],"class_list":["post-1129","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-loans","tag-sme-sectors"],"_links":{"self":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts\/1129","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=1129"}],"version-history":[{"count":1,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts\/1129\/revisions"}],"predecessor-version":[{"id":1130,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts\/1129\/revisions\/1130"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/media\/1127"}],"wp:attachment":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/media?parent=1129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/categories?post=1129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/tags?post=1129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}