2025 SME Financing Trends: What Entrepreneurs Need to Know
- Less than 15% of SMEs in South Africa gain access to debt funding from traditional banks.
- The International Finance Corporation estimates a $30 billion funding gap for South African SMEs.
- Technological advancements in cloud computing and AI are improving risk assessment and reducing costs in financial services.
The ongoing transformation of the SME financing landscape in South Africa presents a unique opportunity for entrepreneurs to leverage innovative financial solutions. However, it is crucial for business owners to remain informed and strategic in navigating these changes to fully capitalize on the available resources for growth.
