Scaling-Up SME Access to Financial Services

Small and Medium Enterprises (SMEs) play a major role in economic development, particularly in emerging countries, but access to finance remains a key constraint to SME. In the light of the new understanding of the SME finance challenges that this report synthesizes, the Financial Inclusion Experts Group (FIEG) makes key recommendations for the G-20 leaders, in order to achieve a global scale-up of SME access to financial services in the developing world. The G-20 FIEG SME Finance Sub-Group executed a global SME Finance stocktaking exercise with various SME finance models to establish best practices in SME Finance.The report concludes that, given the fragmented SME finance data space, the G-20 has a unique opportunity to lead the collaborative effort on improving the availability and quality of SME finance data globally. This can be achieved through encouraging and coordinating the data collection efforts at regional, national, and global levels conducted by a multitude of sources including national governments/agencies and international organizations and effectively addressing the data collection challenges along the way to ensure continuity of these efforts moving forward.

Bibliographic Details

Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC 2010-11
Subjects:	ACCESS INDICATORS, ACCESS TO BANK LOANS, ACCESS TO CAPITAL, ACCESS TO CREDIT, ACCESS TO FINANCE, ACCESS TO FINANCIAL SERVICES, ACCESS TO FINANCING, ACCOUNTS RECEIVABLES, ALTERNATIVE FINANCING, ALTERNATIVE INVESTMENT, ANGEL INVESTORS, BALANCE SHEET, BANK CREDIT, BANK FINANCING, BANK LENDING, BANK LOAN, BANK LOANS, BANKING RELATIONSHIP, BANKING SUPERVISION, BANKING SYSTEMS, BANKRUPTCY, BANKS, BORROWER, BORROWING, BRIBE, BRIBES, BUSINESS ANGEL, BUSINESS DEVELOPMENT, BUSINESS DEVELOPMENT BANK, BUSINESS EXPERIENCE, BUSINESS LENDING, BUSINESS LOANS, BUSINESS PLANNING, BUSINESS PLANS, CAPACITY BUILDING, CAPITAL FINANCE, CAPITAL FORMATION, CAPITAL MARKETS, CAPITAL STRUCTURE, CASH FLOW, CASH FLOWS, CASH MANAGEMENT, COLLATERAL, COLLATERAL REQUIREMENTS, COMMERCIAL BANK, COMMERCIAL BANKS, COMMUNITY BANKS, COMPLIANCE COST, COMPLIANCE COSTS, CORRUPTION, CREDIT BUREAU, CREDIT BUREAUS, CREDIT CRUNCH, CREDIT CRUNCHES, CREDIT FACILITIES, CREDIT GAP, CREDIT GUARANTEES, CREDIT HISTORIES, CREDIT HISTORY, CREDIT INFORMATION, CREDIT INFORMATION SYSTEMS, CREDIT PRODUCTS, CREDIT REGISTRIES, CREDIT REGISTRY, CREDIT RELATIONSHIP, CREDIT REPORTING, CREDIT REPORTS, CREDITOR, CREDITWORTHINESS, DEBT, DEBT SECURITIES, DEPOSIT, DEPOSIT ACCOUNTS, DEPOSIT RELATIONSHIPS, DEPOSITS, DEVELOPMENT FINANCE, DEVELOPMENT FINANCE INSTITUTIONS, EARNINGS, ECONOMIC ACTIVITY, ECONOMIC DEVELOPMENT, ECONOMIC POLICY, ECONOMIES OF SCALE, ELIGIBILITY CRITERIA, EMPLOYER, EMPLOYMENT GROWTH, ENTERPRISE DEVELOPMENT, ENTREPRENEUR, ENTREPRENEURS, ENTREPRENEURSHIP FINANCING, EQUITY CAPITAL, EQUITY FINANCE, EQUITY FINANCING, EQUITY FUNDS, EQUITY INVESTMENT, EQUITY INVESTMENTS, EQUITY INVESTORS, EXTERNAL FINANCE, EXTERNAL FINANCING, FARMERS, FINANCE ACCESS, FINANCES, FINANCIAL ACCESS, FINANCIAL EDUCATION, FINANCIAL INFRASTRUCTURE, FINANCIAL INFRASTRUCTURES, FINANCIAL INSTITUTION, FINANCIAL INSTITUTIONS, FINANCIAL INSTRUMENT, FINANCIAL INSTRUMENTS, FINANCIAL INTERMEDIATION, FINANCIAL KNOWLEDGE, FINANCIAL LITERACY, FINANCIAL MARKETS, FINANCIAL NEEDS, FINANCIAL PRODUCT, FINANCIAL REGULATION, FINANCIAL REGULATOR, FINANCIAL REGULATORS, FINANCIAL SERVICE, FINANCING FACILITIES, FINANCING NEEDS, FISCAL POLICIES, FIXED ASSETS, FIXED CAPITAL, FIXED CAPITAL INVESTMENT, FIXED COSTS, FORMS OF CREDIT, GENDER, GOVERNMENT INTERVENTIONS, GOVERNMENT POLICIES, GUARANTEE SCHEMES, HUMAN CAPITAL, INCOME GROUP, INFORMAL ECONOMY, INFORMAL FINANCE, INFORMAL FINANCING, INFORMATION INFRASTRUCTURE, INFORMATION SYSTEM, INITIAL PUBLIC OFFERING, INTEREST RATE, INTEREST RATE CEILINGS, INTEREST RATES, INTERNAL FINANCE, INTERNAL FINANCING, INTERNATIONAL FINANCE, INVESTMENT BANK, INVESTMENT CAPITAL, INVESTMENT DECISIONS, INVESTMENT OPPORTUNITIES, INVESTMENT VEHICLES, JOB CREATION, KEY CHALLENGE, LACK OF ACCESS, LENDER, LENDERS, LINE OF CREDIT, LOAN AMOUNT, LOAN APPLICATION, LOAN APPLICATION PROCEDURES, LOAN PORTFOLIO, MANAGEMENT EDUCATION, MARKET DEVELOPMENT, MFI, MFIS, MICRO ENTERPRISES, MICRO FINANCE, MICRO FINANCE INSTITUTION, MICROFINANCE, MICROFINANCE INSTITUTIONS, MORAL HAZARD, MULTINATIONAL, OBSTACLES TO GROWTH, OPERATING COSTS, OUTREACH, OVERDRAFT, OVERDRAFTS, OVERHEAD COSTS, PARTIAL CREDIT, PAYMENT DEFAULT, POLICY DESIGN, POLICY ENVIRONMENT, PRIVATE CREDIT, PRIVATE EQUITY, PROFITABILITY, PROPERTY AS COLLATERAL, PROPRIETORSHIPS, PUBLIC CREDIT, PUBLIC FINANCE, PUBLIC FUNDS, RATES OF RETURNS, RECESSION, REPOSSESSION, RISK MANAGEMENT, RISK MITIGATION, RISKY BORROWERS, SAVINGS, SHADOW ECONOMY, SMALL BUSINESS, SMALL BUSINESS OWNERS, SMALL BUSINESSES, SMALL ENTERPRISE, SMALL ENTERPRISES, SMALL LOANS, SOCIAL DEVELOPMENT, SOCIAL SECURITY, SOURCES OF FINANCE, SPECIAL FINANCING, START-UPS, TECHNICAL ASSISTANCE, TERM CREDITS, TRADE CREDIT, TRADE FINANCING, UNION, VENTURE CAPITAL, VENTURE CAPITALISTS, WORKING CAPITAL,
Online Access:	http://documents.worldbank.org/curated/en/2010/11/16279669/scaling-up-sme-access-financial-services https://hdl.handle.net/10986/12515
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