Tag: Paragon Lending Solutions

In our current economic climate, many Micro, Small and Medium Enterprises (MSMEs) are facing a harsh reality. Although the market is awash with money, access to traditional credit remains limited. This is largely due to regulations like Basel III, which require banks to hold more capital and tighten their risk assessments.

Age is just a number when it comes to entrepreneurship, and older business owners (60+) have a wealth of experience, knowledge, and ambition to offer. However, when traditional banks deny funding based on outdated lending criteria, these seasoned entrepreneurs can feel frustrated and stuck.