How lack of collateral hinders banks from funding small businesses

PostBank Managing Director Raphael Lekolool during My Chat with a Bank CEO forum. [Esther Dianah, Standard]

Studies show that more than half of small enterprises do not live past their second year of operation, a factor that continues to hinder access to affordable credit for business growth.

When compared to big corporations, SMEs face the brunt of limited access to credit, as financiers cushion themselves against financing risks associated with small enterprises.