The entrepreneurs are scattered around the world so are their businesses. Be it small, medium or big. These business men/entrepreneurs are the real drivers of the world economy. Interesting fact, in recent findings that the 85% business units worldwide of the total are small and medium businesses, constitute a lion’s share and are biggest in numbers. And rest, mere 15%, is the big business houses. And If we see this scenario in terms of their capital deployment/capital investment, we may find the equation just opposite. The big business houses have deployed a huge, more than 5 times capital than their counterpart, the small & medium businesses in total.
Obviously, the contribution by the small and medium businesses to the world economy and to the society at large can not be underestimated. In all this, small businesses are often run by the young entrepreneurs. Managing working capital needs for their businesses really pose a great challenge for them. They usually face the problem in procuring the working capital loan for their business needs.
