How AI is Transforming SME Lending
For decades, SME lending has lived in a strange space. On one hand, small and medium enterprises are the backbone of every economy. They drive employment, fuel innovation, and keep local markets alive. On the other hand, getting access to credit has always been frustratingly difficult for them. Why? Because traditional lending systems were never designed for them. Banks relied heavily on collateral, long credit histories, and static financial statements.