\n<\/p>\n
\n Research conducted by Linkflow Capital shows that more SMEs continue to see improved access to financing with larger loan quantum secured in 2020 <\/p>\n
SINGAPORE – Media
According to Linkflow Capital, up to 52% of SMEs were
“We observed a higher number of SMEs with stronger revenue
Research data and statistics are derived from Linkflow
Consistent from the data in 2019 and 2018, for SMEs who
Other interesting data point observed in this year’s SME
For detailed figures and data on Linkflow Capital’s research
Linkflow Capital expects business lending to remain
Research conducted by Linkflow Capital shows that more SMEs continue to see improved access to financing with larger loan quantum secured in 2020 SINGAPORE – Media
Outreach – 10
February 2021 –\u00a0In their annual SME financing research
conducted by Linkflow Capital, more than half
of SMEs experienced improved access to financing in 2020, a significant
…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/12174"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=12174"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/12174\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=12174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=12174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=12174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nOutreach<\/a> – 10
\nFebruary 2021 –\u00a0<\/i>In their annual SME financing research
\nconducted by Linkflow Capital, more than half
\nof SMEs experienced improved access to financing in 2020, a significant
\nincrease from 39% in 2019. <\/p>\n
\n
<\/p>\n
\neligible for financing in 2020 with an average loan quantum of $310,909 secured
\nwithin their platform, a 134% increase from average loan quantum of $132,500 in
\n2019.<\/p>\n
\n
<\/p>\n
\nand credit profile seeking financing amidst the Covid-19 pandemic compared to
\nprevious years. Also, with the various government financing schemes introduced
\nin 2020, this could explain why financing eligibility and average loan amounts
\nsecured last year was markedly higher.” said Ben Teo, a spokesperson for
\nLinkflow Capital.<\/p>\n
\n
<\/p>\n
\nCapital’s SME loan comparison portal launched in 2017. For this latest survey,
\ndata was generated from over 4281 unique users for the period January to
\nDecember 2020.<\/p>\n
\n
<\/p>\n
\nwere not able to access financing in 2020, the major hurdle remains a
\ncombination of low revenue and poor cash flow. <\/p>\n
\n
<\/p>\n
\nfinance survey includes a surge in financing applications which peaked during
\nthe circuit breaker period, and the resulting delay in average application
\nprocessing and funds disbursement turnaround time from 22 days in 2019 to over
\n45 days in 2020.<\/p>\n
\n
<\/p>\n
\nsurvey, kindly visit their webpage at https:\/\/smeloan.sg\/blog\/2020-sme-finance-accessibility-survey<\/a>.<\/p>\n
\n
<\/p>\n
\nmeasured this year as government-imposed loan moratoriums starts to wind down
\nfrom December 2020. Within the context of a K-shaped recovery taking shape,
\nlenders might also adopt a more selective approach in when underwriting specific
\nsectors and industries.<\/p>\n<\/p><\/div>\n\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"