New data shows sharp contraction in loan sizes, rising business cessations, and shifting lender dynamics as SMEs struggle with tighter financing conditions.
SINGAPORE -
Media OutReach Newswire - 30 April 2025 - Singapore's SMEs battled tighter financing conditions in 2024, with average borrowing costs rising to 8.47% per annum — the highest...
Read more: Singapore SMEs Hit by Record 8.47% Borrowing Costs and Shrinking Loan Access in 2024: Linkflow...