With improvements in the economy, funding gaps in the banking system are being filled with asymmetri
The past ten years have been bleak for SME promoters looking for funding. We were all used to a glut of cheap credit being thrown around by banks like confetti at a wedding. Lending for SMEs evolved from the bank manager’s golf club friends and pillars of the community to more democratic arrangements, where so long as borrowers had property to secure them, loan cheques were being written to all and sundry. No heed was paid to company balance sheets, cash flow projections or t
