MDB issues new scheme with revised collateral requirement after the Malta Chamber of SMEs highlights difficulties
23 September 2020
Following problems flagged by members on accessing the MDB loan scheme, the Malta Chamber of...
finance is still among the top concerns of the EU's small and medium sized
enterprises and younger and smaller firms are the most badly affected,
according to the "Access to Finance" survey released today by the
European Commission and European Central Bank.
About one third of the SMEs
surveyed did not manage to get the full financing they had planned for during
2013 and 15% of survey respondents saw access to finance as a significant
problem for their companies. Companies believed that bank financing conditions
worsened during 2013, with respect to interest rates, collateral and required
Full report can be found:
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).