Answer to Question #63637 in Economics for Alex

Question #63637
what are the reasons why enterpreneurs and small scale firms have difficulties in accessing finance for start up and expansion (15 marks)
1
Expert's answer
2016-11-25T09:41:15-0500
Startups and SMEs often fail to know their business credit score and even understand this aspect. Beside of that, without an established consumer relations these market players have a huge lack of market trust and their future is subjected to a significant level of uncertainty. That is why, they often have difficulties in accessing finance for growth and expansion.

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