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SME Alternative Financing Methods

India Launches Micro Units Development Agency (MUDRA BANK) to Aid SMEs

Indian startups and small businesses have a reason to cheer, Rs 20,000cr (US$3bn) funding to be made available The Narendra Modi-led BJP government announced to build a refinance agency in order to provide much-needed credit facilities to small business units called the Micro Units Development Refinance Agency or MUDRA Bank. On April 8 the Prime Minister Narendra Modi will launch ... Read More »

Alibaba Group Restructures Loan Division

Alibaba Group has announced the company’s completed restructured relationship with Zhejiang Ant Small and Micro Financial Services (Ant Financial) – now officially parent company of Alipay and Alibaba’s small- and medium-sized enterprise (SME) loan business. Alibaba Group and Ant Financial first agreed on a purchase agreement prior to Alibaba’s IPO in September 2014. The restructuring sees Alibaba reduce its risks ... Read More »

Leasing: An Alternative Means of Financing SMEs

According to Eurostat, one of the main reasons SMEs report as creating difficulties in their accessing financing is their inability to provide sufficient collateral or guarantees to the lender.  One knows too well that little is known about the success factors of an SME and its credit history which may be even a greater reasons for the lack of access ... Read More »

IMPORTANCE OF CREDIT MANAGEMENT IS INCREASING AS CREDIT CRUNCH PUTS THE EMPHASIS ON LIQUIDITY RATHER THAN GROWTH

The credit crunch brought about fundamental changes in how companies manage their businesses.   The emphasis today is on liquidity aspects of managing the business and less on top line growth writes Jan Schneider-Maessen, from the German Credit Management Association (VfCM).  More and more companies are undertaking a value judgment by comparing the potential the risk of non-payment (client insolvency) versus ... Read More »