Private Credit May Get More Teeth To Recover Loans
Easier credit recovery could reduce these funds' risks, lower borrowing costs and boost loan flow to small and medium enterprises, the people said on the condition of anonymity. For the funds, easier loan recovery could offer some parity with banks and non-banking financial companies (NBFCs), and help them find new funding sources.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept any
responsibility or liability for the accuracy, content, images, videos,
licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright issues
related to this article, kindly contact the provider above.
Comments
No comment