|
Ten Strategies Utilized by Leading Creditors to Limit SME Credit Risk
- Partner with local banks who are willing to share credit information
- Leverage local distributor and dealer relationships who can make qualitative assessments
- Build loan size as you build customer relationships over time
- Track product using technology like GPS devices
- Utilize informal peer networks to gain intelligence on payment histories
- Assist willing customers with basic accounting techniques to enhance transparency
- Build internal credit scores for SME customers
- Finance SMEs like individual consumers, based on personal financial history of proprietors
- Collateralize corporate or personal assets
- Shift credit risk to a third party financier
Utilize SME FinanceAdvisor.com – the premier source of credit information on SMEs in emerging markets.
|
|
|
|
|
|
|
|
|
|
|
|
|
New Asia-Pacific survey finds SMEs still willing to take risks for growth, despite economic crisis; young adults see need to plan finances but don’t act
» View this article
|
|
Legal Obstacles to SME Loans in Jordan
» View file
|
|
|
|
Improving Access to Finance for SME: International Good Experiences and Lessons from Mongolia
» View this article
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
