Vincent Osewe is one such entrepreneur who believes in scaling up credit access to SMEs for growth. Is there a demand for funding and what is the supply size within the SME sector? Are credit rates offered in the market favourable for SMEs and what can be done to offer cheap credit to SMEs? However, there is a concern about the cost of financing SMEs in terms of interest rates offered. Invoice financing helps SMEs to access our financing based on the outstanding invoices before they have been paid by their customers.

Source: Standard Digital September 25, 2020 17:11 UTC