Click here to read the whole interview
The main reason many SMEs face difficulties obtaining funds from banks is that they are usually unable to show significant assets when they seek loans.
Alex So, founder of Fastlane Group, and 5 other business leaders share their insights and wisdom through an interview with SCMP about how companies forge their path to prosperity and success with or without outside funds.
“Most banks that lend money to an individual or business really look at the collateral,” Alex says. “If you’re not able to pay, they can take your property, your assets, equipment and things like that.”
The main reason many SMEs face difficulties obtaining funds from banks is that they are usually unable to show significant assets when they seek loans.
Alex So, founder of Fastlane Group, and 5 other business leaders share their insights and wisdom through an interview with SCMP about how companies forge their path to prosperity and success with or without outside funds.
“Most banks that lend money to an individual or business really look at the collateral,” Alex says. “If you’re not able to pay, they can take your property, your assets, equipment and things like that.”
Click here to read the whole interview
