GLOBAL SNAPSHOT: SME LENDERS DRIVING INNOVATION AROUND THE WORLD
Worldwide ,roughly 90% of enterprises are small businesses and they represent more than 50% of employment.
UK + EU : 99% of all businesses 55% of employment MENA : 90% of all businesses 10-40% of employment LAC : 99.5% of all businesses 60% of employment NAM: between 97.9% and 99.9% 46 -63% of employment
APAC : 97% of all businesses 69% of employment
Clearco (Canada): Canadian lender Clearco seamlessly integrates and analyzes revenue data and evaluates the health of the business directly from an SME’s store and/ or bank account. Instead of looking at past performance like many other lenders, Clearco uses fundamental business data to predict future success and generates funding capacity accordingly.
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