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Collateral Registries: Breaking Down Barriers to Finance

Collateral Registries: Breaking Down Barriers to Finance

Small and medium-sized companies are the backbone of Latin America's economy. They are essential to economic growth, yet their success is often blocked by one key obstacle: lack of credit. Nearly a third of companies in the region identified lack of credit as a major constraint, according to recent surveys. A little-known financial tool is having a big impact on thousands of entrepreneurs who have had trouble getting a loan because they didn’t have the right type of collateral. Collateral registries are breaking down barriers to lending, especially for women and younger entrepreneurs who often do not have credit histories or banking relationships.

Credit Risk & Scoring