A recent small- and medium-sized enterprises (SMEs) study, which collected 4,700 responses from businesses in the APAC region, has unveiled some must-know statistics for banks:
- 40% of SMEs intend to borrow money in 2022
- As many as 44% of them would consider alternative funding sources
- Less than 35% of them are highly satisfied with their banks
This FICO white paper analyzes these statistics, providing in-depth detail around the impact of COVID-19, problems with funding access, what SMEs want from their funding providers, and the regional and country breakdown of the survey responses.
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