Banks Are Killing SMEs

The 36% Interest Trap: Why Most SMEs Never Stand a Chance 📉 "Banks aren't moving quick enough, and it’s killing our entrepreneurs." In our latest episode, investment veteran Warren Wheatley—who has spent over two decades managing billions in institutional capital—breaks down the "nexus" of the African economy: The Cost of Capital. While banks have access to "cheap" money, they move too slowly for the average business owner. This forces SMEs into a corner where they end up paying interest rates as high as 36%. Whether you're a hairdresser, a butcher, or a tech founder, those rates don't just hinder growth—they destroy it. Warren has spent the last five years on a mission to lower that cost, bringing institutional-grade strategy to the SME space to finally give African businesses a fighting chance. #MphoDagada Disclaimer: I do not accept any liability for any loss or damage incurred from you acting or not acting as a result of watching any of my publications. You acknowledge that you use the information I provide at your own risk. Do your research.

from Mpho Dagada Network https://www.youtube.com/shorts/PkZ4GSpEiZ0