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SMEs 'over-reliant' on banks, but gradually changing

SMEs are “over-reliant” on credit from banks, the OECD has claimed, but are increasingly turning towards alternative sources of business funding.

SMEs 'over-reliant' on banks, but gradually changing
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SMEs 'over-reliant' on banks, but gradually changing

The Organisation for Economic Co-operation and Development (OECD) released a new report which found that, although banks still dominate in funding small businesses, new bank lending is declining in a number of countries.

Read the full article on My Business.

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