Global Small Business Loan Market - Size, Trends, Competitive Analysis, Market- Growth Drivers, Opportunities and Forecast Analysis to 2020
A new market study,
titled “Global
Small
Business Loan Market - Size, Trends, Competitive Analysis, Market- Growth
Drivers, Opportunities and Forecast Analysis to 2020” has been featured on WiseGuyReports.
Global Small Business Loan Market is valued approximately at USD XX
billion in 2019 and is anticipated to grow with a growth rate of more XX % over
the forecast period 2020-2027. Small Business Loan is the financial support
service provided to the Small and Medium sized Entrepreneurs (SMEs) at feasible
interest rates. These loans have less restrictive requirements enabling the
small businesses to secure the funds at ease. SMEs account for a large share of
economies in the emerging economies such as India, China and Japan. A rise in
small and middle enterprises/firms (SMEs) has been observed which boosts the
market growth of Small Business Loan market. For Instance: As per The World
Bank on 2019, SMEs play major role in most economies majorly emerging once,
creating employment opportunities and represent about 90% of businesses and 50%
of the employment worldwide. Financial constraints allow SMEs to opt for
Business Loans. Further, Government initiatives to promote the SME sector as it
has a major contribution in the overall GDP growth of the developed and
developing economies create opportunities in the market. For Instance: German
Government enabled loan as per the size of the SME without risk assessment and
100% state guarantee in April 2020, as per the Federal Ministry for Economic
Affairs and Energy (BMWi). Indian Government in 2020, promotes a scheme to
train women entrepreneurs for handling businesses/enterprises as India has only
14 % women entrepreneurs. Moreover, Small Business loans generate opportunities
for startups and new entrepreneurs to accelerate their business and support
national as well as international GDPs. Also, immense growth has been observed
in Fintech Startups promoting the market growth of Small Business Loan. As per
Statista in 2019, 7.1 % is the share of Fintech Startups worldwide. However,
risks attained in repayment of the loans is the major factor restraining the
growth of the market over the forecast period of 2020-2027.
The regional analysis of global Small Business Loan market is considered
for the key regions such as Asia Pacific, North America, Europe, Latin America
and Rest of the World. North America is the leading/significant region across
the world owing to risk bearing capabilities and presence of developed
economies in the region. Whereas, Asia-Pacific is also anticipated to exhibit
highest growth rate / CAGR over the forecast period 2020-2027. Factors such as
rise in the SME sector in emerging economies such as India and China would
create lucrative growth prospects for the Small Business Loan market across
Asia-Pacific region.
Major market player included in this report are:
Société Générale S.A. (France)
The Toronto-Dominion Bank (Canada)
The Hongkong and Shanghai Banking Corporation (HSBC) (China)
Wells Fargo & Company (US)
MUFG Bank Ltd. (Japan)
The Japan Post Bank Co., Ltd. (Japan)
Crédit Agricole Group (France)
Industrial and Commercial Bank of China Limited (China)
Banco Santander, S.A. (Spain)
The Bank of America Corporation (US)
The objective of the study is to define market sizes of different
segments & countries in recent years and to forecast the values to the
coming eight years. The report is designed to incorporate both qualitative and
quantitative aspects of the industry within each of the regions and countries
involved in the study. Furthermore, the report also caters the detailed
information about the crucial aspects such as driving factors & challenges
which will define the future growth of the market. Additionally, the report
shall also incorporate available opportunities in micro markets for
stakeholders to invest along with the detailed analysis of competitive
landscape and product offerings of key players. The detailed segments and
sub-segment of the market are explained below:
By Type:
Short-term Loan
Medium term Loan
Long-term Loan
By Application:
Large Enterprise
Medium-sized Enterprise
Small Companies
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Small Business Loan Market in Market
Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
FOR MORE DETAILS: https://www.wiseguyreports.com/reports/5511848-global-small-business-loan-market-size-study-with
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