07/14/2022
What could you do with additional working capital??
A majority said that access to traditional and alternative funding was easier.
There was a 40% increase in the number of SMEs using business financing.
1 in 5 SMEs face difficulties in borrowing from traditional lenders.
- 30% of SMEs feel that high interest rates keep them from using various forms of financing.
- 16% say time-consuming and rigid processes keep them from funding.
Alternative sources of funding, like invoice factoring and other online options, will be critical to meeting the needs of SMEs.
At CWT Capital we will help you get the funding for your business. Feel free to set up sometime for a business health check up
