10/17/2022
ConnexMarkets has built a revolutionary marketplace to bring small and midsize businesses and lenders together, cutting through the commercial lending and funding challenges. According to a World Bank report, the world’s micro, small, and medium-size enterprises have unmet finance needs of approximately $5.2 trillion a year, roughly 1.5 times the current lending market for such businesses. Read this interesting report from McKinsey on how banks can reimagine how they lend to SMEs.
If banks reimagine and modernize their business-lending processes, they can take advantage of new opportunities with SMEs and capture more of the forecast growth.
