UNIT 13: SOURCES OF FINANCE AND FINANCIAL INFORMATION FOR ...
may be different from e.g. personal loans or housing loans. In general, banks will give loans to SMEs on a medium to long-term basis, usually with a reimbursement period of 3-5 years and interest rates ranging from 9 to 14%. However, the main difficulty faced by entrepreneurs is the guarantee/collateral required by banks in order to manage ................
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