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We typically explain SME under lending as a supply gap: staid banks don't want to, or simply don't know how to, lend to new-fangled businesses. And to some extent, that is true, but there is also a demand gap. "There is a lack of knowledge, confidence, and trust when it comes to seeking growth capital through loans. While many founders hesitate to borrow, nearly 60% abandon loan applications midway, citing fear of rejection or complex terms".
This "confidence gap" - and how Juice's Smart Growth Capital - is what I'm discussing today with Katherine Chan.
You can get Juice (or just read more about them) at https://www.getmejuice.com/ (head on over to their Growth Hub for some great content https://www.getmejuice.com/growth-hub/growth-hub)
Meanwhile, Katherine is on LinkedIn at https://www.linkedin.com/in/chankatherine00/
I'm on LinkedIn, too, at https://www.linkedin.com/in/brendanlegrange/
As is the show, please follow its page at https://www.linkedin.com/company/how-to-lend-money-to-strangers/ (once you have followed, look for the circle with the three dots in the ehader section, click that and then 'invite connections' and invite any of your colleagues who you think might like the content
You can support the show by buying one of my guests via the affiliate links on my site (it doesn't cost you anything extra): https://www.howtolendmoneytostrangers.show/recommended-reads
Commercial partners include (when you click one of these affiliate links, I earn a small commission but you won't pay a cent more)
ProtonVPN Browse privately with a community-owned secure VPN that safeguards your privacy. https://go.getproton.me/aff_c?offer_id=26&aff_id=12767
Ogma Risk & Analytics: Customized risk management and analytic consulting for you https://www.ogmara.com/?utm_source=HTLMTS&utm_medium=banner&utm_campaign=OGMA+intro&utm_id=2501
Friends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, https://www.haboomoney.com/, and https://beetlesense.ai
And since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which looks at the intersection between human senses and technology
Keep well, Brendan
Hosted on Acast. See acast.com/privacy for more information.
By Brendan le Grange4.9
2727 ratings
We typically explain SME under lending as a supply gap: staid banks don't want to, or simply don't know how to, lend to new-fangled businesses. And to some extent, that is true, but there is also a demand gap. "There is a lack of knowledge, confidence, and trust when it comes to seeking growth capital through loans. While many founders hesitate to borrow, nearly 60% abandon loan applications midway, citing fear of rejection or complex terms".
This "confidence gap" - and how Juice's Smart Growth Capital - is what I'm discussing today with Katherine Chan.
You can get Juice (or just read more about them) at https://www.getmejuice.com/ (head on over to their Growth Hub for some great content https://www.getmejuice.com/growth-hub/growth-hub)
Meanwhile, Katherine is on LinkedIn at https://www.linkedin.com/in/chankatherine00/
I'm on LinkedIn, too, at https://www.linkedin.com/in/brendanlegrange/
As is the show, please follow its page at https://www.linkedin.com/company/how-to-lend-money-to-strangers/ (once you have followed, look for the circle with the three dots in the ehader section, click that and then 'invite connections' and invite any of your colleagues who you think might like the content
You can support the show by buying one of my guests via the affiliate links on my site (it doesn't cost you anything extra): https://www.howtolendmoneytostrangers.show/recommended-reads
Commercial partners include (when you click one of these affiliate links, I earn a small commission but you won't pay a cent more)
ProtonVPN Browse privately with a community-owned secure VPN that safeguards your privacy. https://go.getproton.me/aff_c?offer_id=26&aff_id=12767
Ogma Risk & Analytics: Customized risk management and analytic consulting for you https://www.ogmara.com/?utm_source=HTLMTS&utm_medium=banner&utm_campaign=OGMA+intro&utm_id=2501
Friends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, https://www.haboomoney.com/, and https://beetlesense.ai
And since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which looks at the intersection between human senses and technology
Keep well, Brendan
Hosted on Acast. See acast.com/privacy for more information.

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