Mind the Gap: The Need for Speedy, Accessible SME Lending in North America
Allison Karavos
February 8, 2024
Small-to-Medium Enterprises (SMEs) are the champions of economy, representing 90% of all businesses worldwide and providing more than 50% of employment. But despite their essential role, 40% of global SMEs don’t have access to the funding they need to operate. In North America, that figure encompasses roughly 41% of small-to-medium sized businesses.
That leaves a global $5.2 trillion funding gap that could help both businesses and lenders grow.
So why hasn’t this opportunity been seized? Examine the biggest challenges facing SME lenders and discover the solutions that will help bridge the gap in our ebook, Mind the Gap: The Need for Speedy, Accessible SME Lending.
Uncover how you can tap into diverse lending opportunities and implement the technology to: