BusinessworldDec 20, 2022Over 90% Startup Founders Believe Credit Line Best Financial Product For MSMEs: SurveyAccording to the report, 28 percent of micro, small and medium enterprise (MSME) business (on average) in the textile industry is sourced from a startup platform.Over 90 percent of the startup founders felt that working capital (WC) and the credit line is the most attractive financial product for micro, small and medium enterprise (MSME) businesses, revealed a survey by StrideOne.The survey report named— Startup Economy Report 2022 stated that 43 percent of the industry stakeholders from the textile industry cited access to formal credit products as the main reason for joining a startup platform. Read more at Businessworld
According to the report, 28 percent of micro, small and medium enterprise (MSME) business (on average) in the textile industry is sourced from a startup platform.Over 90 percent of the startup founders felt that working capital (WC) and the credit line is the most attractive financial product for micro, small and medium enterprise (MSME) businesses, revealed a survey by StrideOne.The survey report named— Startup Economy Report 2022 stated that 43 percent of the industry stakeholders from the textile industry cited access to formal credit products as the main reason for joining a startup platform. Read more at Businessworld
