??Exploring the Barriers to SME financing
?? Hey there, community!
Are you an entrepreneur and did you face challenges in accessing finance?
Perhaps you are curious about the reasons behind these challenges and what steps you can take to overcome them in the future. Here are a few potential factors:
??Lack of a solid financial history
??Insufficient guarantees
??Bureaucracy and difficult? procedures
??Lack of financial knowledge
Our primary recommendation is to rely on data. By doing so, you can make more informed decisions and mitigate risks. To learn more about how alternative data analysis can assist small and medium-sized enterprises, please continue reading...
Alternative data risk analysis can be a solution for small and medium-sized companies facing difficulties in obtaining financing through traditional means. This approach involves using alternative data such as Social Media, Psychometric Profiling, Digital Footprint, Transaction Behavior and can provide a more complete picture of a business's financial condition and associated risk. ...
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