au iconAU



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
smsfadviser logo

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.

Subscribe to Public Accountant

Receive the latest news, opinion and features directly to your inbox