Stretching between $1.5 trillion to $5.4 trillion, the SME funding gap highlights the breaking points in accessing – and dispensing – loan capital.
And there's not just a lack of working capital - borrowers have to commit hours to making a loan application, more than half of applications are abandoned, and even if the loan is approved it's a long wait for drawdown.
But in spite of persistent challenges like these, there’s now a practical solution to this global issue that neither lenders nor borrowers can afford to ignore. Download our free white paper now and discover how data unlocks opportunities.
See how data-driven lending unlocks opportunities for credit providers to:
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