Business financing is the core of every business organisation.
Whether you want to start a business, expand an existing one,
implement new technology, develop new products, or make
investments, financing is a key issue that needs to be carefully
addressed. While banking is the predominant provider of business
financing, businesses that are start-ups, thematic, intellectual
property-centric or knowledge-based, innovative technology-based
ventures and other non-traditional businesses often face challenges
in accessing bank-based financing, largely due to the
characteristics of bank financing which are often incompatible with
these ventures. Lending with high collateral remains a key feature
of bank lending and collateral is often lacking among newer and
start-up businesses.
