With banks across Asia adopting de-risking measures and small and medium enterprises (SMEs) struggling to obtain loans from lenders, the market for invoice financing is experiencing sustained growth, says Roger Crook,CEO, Capital Springboard. SMEs account for 30-60% of GDP and 60-90% of the workforce in Indonesia, Malaysia, Philippines Singapore and Thailand, but less than 60% SMEs in these markets have access to…
Capital Springboard: bank de-risking opens way for invoice financing
Have a confidential tip? Get in touch [email protected]