Next-Gen Digital SME Lending

Even though SMEs represent about 90% of businesses and more than 50% of the employment worldwide, banks are yet to find a quick and reliable way to serve small businesses. Why is this happening and how can banks help SMEs thrive?

Manual processes, cumbersome legacy technology and regulatory constraints have limited the extent to which banks have been able to serve and support SMEs. But SMEs are key to the economy and governments are asking banks to stand up to find ways to support them. Could COVID-19 support loans be seen as a catalyst? What can banks do to reduce risk and provide easier access to finance while at the same time making this line of business more profitable?