{"id":6152,"date":"2021-12-28T07:59:44","date_gmt":"2021-12-27T23:59:44","guid":{"rendered":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/?p=6152"},"modified":"2023-08-03T18:37:43","modified_gmt":"2023-08-03T10:37:43","slug":"common-problems-face-with-smes-financial","status":"publish","type":"post","link":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/common-problems-face-with-smes-financial\/","title":{"rendered":"Common Problems Faced with SMEs: Financial"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"6152\" class=\"elementor elementor-6152\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2fa71d5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2fa71d5\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2837b22\" data-id=\"2837b22\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b63c024 elementor-widget elementor-widget-image\" data-id=\"b63c024\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"363\" src=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/12\/Common-Problems-Face-with-SMEs-Financial-1-1024x363.png\" class=\"attachment-large size-large wp-image-6157\" alt=\"No.1 Business Loan Rejection Reason in Singapore\" srcset=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/12\/Common-Problems-Face-with-SMEs-Financial-1-1024x363.png 1024w, https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/12\/Common-Problems-Face-with-SMEs-Financial-1-300x106.png 300w, https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/12\/Common-Problems-Face-with-SMEs-Financial-1-768x272.png 768w, https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/12\/Common-Problems-Face-with-SMEs-Financial-1.png 1477w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2584fec elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2584fec\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-489d62d\" data-id=\"489d62d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-393e0cc elementor-widget elementor-widget-spacer\" data-id=\"393e0cc\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-827c3d9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"827c3d9\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-94af0c0\" data-id=\"94af0c0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0047703 elementor-widget elementor-widget-heading\" data-id=\"0047703\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Common Problems Faced with SMEs: Financial<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ac8358d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ac8358d\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b7e2b1e\" data-id=\"b7e2b1e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0a479c1 elementor-widget elementor-widget-text-editor\" data-id=\"0a479c1\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div id=\"1907976758\" class=\"u_1907976758 dmNewParagraph\" data-dmtmpl=\"true\" data-element-type=\"paragraph\" data-version=\"5\" data-uialign=\"center\"><p class=\"m-size-17 size-24\"><span style=\"font-size: 18px; font-style: inherit; font-weight: inherit; color: #0d1339; background-color: var(--ast-global-color-5);\">With the increased help from the government, Singapore is seeing a rise in the number of SMEs. However, as many as there is, there are a handful of them going out of business.<\/span><\/p><\/div><h3 id=\"1700776665\" class=\"u_1700776665 dmNewParagraph\" data-element-type=\"paragraph\" data-uialign=\"center\"><span class=\"font-size-20 lh-1\">Rising Cost<\/span><\/h3><div id=\"1250789679\" class=\"u_1250789679 dmNewParagraph\" data-dmtmpl=\"true\" data-element-type=\"paragraph\" data-uialign=\"center\"><p>With regards to\u00a0<a href=\"https:\/\/www.singaporebudget.gov.sg\/budget_2020\/budget-archives\" target=\"_blank\" rel=\"noopener\">Singapore Budget 2018<\/a>, there is a \u2018need for business to move away from cost competition and differentiate through innovation\u2019 (Tan, 2019). But can we really disregard the topic on cost? You must be shaking your head unwittingly.<\/p><div><p>With the introduction of technology comes the need to drive a competitive edge, especially since customers are getting sophisticated these days. The need to be price competitive thus threatens the life of some businesses. Creativity and innovation might help. No doubt it requires endless efforts, trial and error; all of which translates to additional cost. And then here comes your electricity bill with an increase of 2.1%. The increased production cost does not seem to be helping much too, does it? With increasing costs and plans for expansion, companies may turn to <a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/sme-working-capital-loan\">Working Capital Loan<\/a> <span style=\"background-color: var(--ast-global-color-5); font-size: 1rem;\">or SME Loan to manage and grow the business.<\/span><\/p><\/div><\/div><h3 id=\"1365211034\" class=\"dmNewParagraph\" data-element-type=\"paragraph\" data-uialign=\"center\"><span style=\"font-family: Roboto;\">Cash Flow Uncertainties<\/span><\/h3><div id=\"1325408604\" class=\"dmNewParagraph\" data-dmtmpl=\"true\" data-element-type=\"paragraph\" data-version=\"5\" data-uialign=\"center\"><p>Providing longer credits to customers might attract \u2018patronage\u2019, but at the same time, puts your business at risk, especially default risk. SPRING Singapore reported that 64% of SMEs found themselves having difficulty in timely collection of payments from customers (Spring Singapore, 2017). The delayed cash conversion cycle would mean the need for more short-term cash flows to finance the business. But then comes the problem of attaining approval from the banks. As such, these companies have to look for alternative solutions for their\u00a0short-term loans, such as crowdfunding platforms etc.<\/p><\/div><div id=\"1529038786\" class=\"dmNewParagraph\" data-dmtmpl=\"true\" data-element-type=\"paragraph\" data-version=\"5\" data-uialign=\"center\"><p><strong>Do you have any ideas and strategies in mind to growing your business and want to seek more funds to realise them? Reach out to us and our representatives will be able to assist you further.<\/strong><\/p><\/div><p><em><strong><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/bizsquare.com.sg\/\" target=\"_blank\" rel=\"noopener\">BizSquare<\/a>\u00a0is a one-stop business consultancy firm providing Loan Consultancy Services, Accounting and Corporate Secretarial Services, Branding and Marketing Consultancy, Strategy Management and Start-up Mentorship.<\/strong><\/em><\/p><p id=\"1321575353\" class=\"u_1321575353 dmNewParagraph\" data-dmtmpl=\"true\" data-element-type=\"paragraph\" data-version=\"5\" data-uialign=\"center\">\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-887b07d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"887b07d\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-138ce16\" data-id=\"138ce16\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6d04a86 elementor-widget elementor-widget-image\" data-id=\"6d04a86\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/contact-us\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"341\" height=\"126\" src=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/11\/free-consultation.png\" class=\"attachment-large size-large wp-image-4662\" alt=\"best sme loan singapore\" srcset=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/11\/free-consultation.png 341w, https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/11\/free-consultation-300x111.png 300w\" sizes=\"(max-width: 341px) 100vw, 341px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Common Problems Faced with SMEs: Financial With the increased help from the government, Singapore is seeing a rise in the number of SMEs. However, as many as there is, there are a handful of them going out of business. Rising Cost With regards to&nbsp;Singapore Budget 2018, there is a \u2018need for business to move away [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6157,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[32,36,35,34],"class_list":["post-6152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other-news","tag-business-loan","tag-sme-financing","tag-sme-loan","tag-working-capital-loan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.9 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Common Problems Faced with SMEs: Financial -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/common-problems-face-with-smes-financial\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Common Problems Faced with SMEs: Financial\" \/>\n<meta property=\"og:description\" content=\"Common Problems Faced with SMEs: Financial With the increased help from the government, Singapore is seeing a rise in the number of SMEs. However, as many as there is, there are a handful of them going out of business. Rising Cost With regards to&nbsp;Singapore Budget 2018, there is a \u2018need for business to move away [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/common-problems-face-with-smes-financial\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/bizsquaremc\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-27T23:59:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-03T10:37:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/12\/Common-Problems-Face-with-SMEs-Financial-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1477\" \/>\n\t<meta property=\"og:image:height\" content=\"523\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"sgsmeloans\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"sgsmeloans\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/common-problems-face-with-smes-financial\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/common-problems-face-with-smes-financial\\\/\"},\"author\":{\"name\":\"sgsmeloans\",\"@id\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/#\\\/schema\\\/person\\\/5010590e7cd7ada092b65bf7e040ac89\"},\"headline\":\"Common Problems Faced with SMEs: Financial\",\"datePublished\":\"2021-12-27T23:59:44+00:00\",\"dateModified\":\"2023-08-03T10:37:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/common-problems-face-with-smes-financial\\\/\"},\"wordCount\":343,\"image\":{\"@id\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/common-problems-face-with-smes-financial\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/Common-Problems-Face-with-SMEs-Financial-1.png\",\"keywords\":[\"Business Loan\",\"SME Financing\",\"SME Loan\",\"Working Capital Loan\"],\"articleSection\":[\"Other News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/common-problems-face-with-smes-financial\\\/\",\"url\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/common-problems-face-with-smes-financial\\\/\",\"name\":\"Common Problems Faced with SMEs: Financial -\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/common-problems-face-with-smes-financial\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/common-problems-face-with-smes-financial\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/Common-Problems-Face-with-SMEs-Financial-1.png\",\"datePublished\":\"2021-12-27T23:59:44+00:00\",\"dateModified\":\"2023-08-03T10:37:43+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/#\\\/schema\\\/person\\\/5010590e7cd7ada092b65bf7e040ac89\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/common-problems-face-with-smes-financial\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/sgsmeloans.com.sg\\\/common-problems-face-with-smes-financial\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/common-problems-face-with-smes-financial\\\/#primaryimage\",\"url\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/Common-Problems-Face-with-SMEs-Financial-1.png\",\"contentUrl\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/Common-Problems-Face-with-SMEs-Financial-1.png\",\"width\":1477,\"height\":523,\"caption\":\"No.1 Business Loan Rejection Reason in Singapore\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/common-problems-face-with-smes-financial\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Common Problems Faced with SMEs: Financial\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/#website\",\"url\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/\",\"name\":\"\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/#\\\/schema\\\/person\\\/5010590e7cd7ada092b65bf7e040ac89\",\"name\":\"sgsmeloans\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4ae05d203788c068521c20984da9ee5db19c4574590abaa27d68c2982270e594?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4ae05d203788c068521c20984da9ee5db19c4574590abaa27d68c2982270e594?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4ae05d203788c068521c20984da9ee5db19c4574590abaa27d68c2982270e594?s=96&d=mm&r=g\",\"caption\":\"sgsmeloans\"},\"sameAs\":[\"https:\\\/\\\/sgsmeloans.com.sg\",\"https:\\\/\\\/www.facebook.com\\\/bizsquaremc\",\"https:\\\/\\\/www.instagram.com\\\/bizsquaremc\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/bizsquare-management-consultants-pte-ltd\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCeKMnAjT4d2oG-CjLXBs4Lw\"],\"url\":\"https:\\\/\\\/sgsmeloans.com.sg\\\/author\\\/admindesign\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Common Problems Faced with SMEs: Financial -","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/common-problems-face-with-smes-financial\/","og_locale":"en_US","og_type":"article","og_title":"Common Problems Faced with SMEs: Financial","og_description":"Common Problems Faced with SMEs: Financial With the increased help from the government, Singapore is seeing a rise in the number of SMEs. However, as many as there is, there are a handful of them going out of business. Rising Cost With regards to&nbsp;Singapore Budget 2018, there is a \u2018need for business to move away [&hellip;]","og_url":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/common-problems-face-with-smes-financial\/","article_author":"https:\/\/www.facebook.com\/bizsquaremc","article_published_time":"2021-12-27T23:59:44+00:00","article_modified_time":"2023-08-03T10:37:43+00:00","og_image":[{"width":1477,"height":523,"url":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/12\/Common-Problems-Face-with-SMEs-Financial-1.png","type":"image\/png"}],"author":"sgsmeloans","twitter_card":"summary_large_image","twitter_misc":{"Written by":"sgsmeloans","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/common-problems-face-with-smes-financial\/#article","isPartOf":{"@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/common-problems-face-with-smes-financial\/"},"author":{"name":"sgsmeloans","@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/#\/schema\/person\/5010590e7cd7ada092b65bf7e040ac89"},"headline":"Common Problems Faced with SMEs: Financial","datePublished":"2021-12-27T23:59:44+00:00","dateModified":"2023-08-03T10:37:43+00:00","mainEntityOfPage":{"@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/common-problems-face-with-smes-financial\/"},"wordCount":343,"image":{"@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/common-problems-face-with-smes-financial\/#primaryimage"},"thumbnailUrl":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/12\/Common-Problems-Face-with-SMEs-Financial-1.png","keywords":["Business Loan","SME Financing","SME Loan","Working Capital Loan"],"articleSection":["Other News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/common-problems-face-with-smes-financial\/","url":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/common-problems-face-with-smes-financial\/","name":"Common Problems Faced with SMEs: Financial -","isPartOf":{"@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/#website"},"primaryImageOfPage":{"@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/common-problems-face-with-smes-financial\/#primaryimage"},"image":{"@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/common-problems-face-with-smes-financial\/#primaryimage"},"thumbnailUrl":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/12\/Common-Problems-Face-with-SMEs-Financial-1.png","datePublished":"2021-12-27T23:59:44+00:00","dateModified":"2023-08-03T10:37:43+00:00","author":{"@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/#\/schema\/person\/5010590e7cd7ada092b65bf7e040ac89"},"breadcrumb":{"@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/common-problems-face-with-smes-financial\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/common-problems-face-with-smes-financial\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/common-problems-face-with-smes-financial\/#primaryimage","url":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/12\/Common-Problems-Face-with-SMEs-Financial-1.png","contentUrl":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/12\/Common-Problems-Face-with-SMEs-Financial-1.png","width":1477,"height":523,"caption":"No.1 Business Loan Rejection Reason in Singapore"},{"@type":"BreadcrumbList","@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/common-problems-face-with-smes-financial\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/"},{"@type":"ListItem","position":2,"name":"Common Problems Faced with SMEs: Financial"}]},{"@type":"WebSite","@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/#website","url":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/","name":"","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/#\/schema\/person\/5010590e7cd7ada092b65bf7e040ac89","name":"sgsmeloans","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/4ae05d203788c068521c20984da9ee5db19c4574590abaa27d68c2982270e594?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/4ae05d203788c068521c20984da9ee5db19c4574590abaa27d68c2982270e594?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4ae05d203788c068521c20984da9ee5db19c4574590abaa27d68c2982270e594?s=96&d=mm&r=g","caption":"sgsmeloans"},"sameAs":["https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg","https:\/\/www.facebook.com\/bizsquaremc","https:\/\/www.instagram.com\/bizsquaremc","https:\/\/www.linkedin.com\/company\/bizsquare-management-consultants-pte-ltd","https:\/\/www.youtube.com\/channel\/UCeKMnAjT4d2oG-CjLXBs4Lw"],"url":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/author\/admindesign\/"}]}},"_links":{"self":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-json\/wp\/v2\/posts\/6152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-json\/wp\/v2\/comments?post=6152"}],"version-history":[{"count":1,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-json\/wp\/v2\/posts\/6152\/revisions"}],"predecessor-version":[{"id":10239,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-json\/wp\/v2\/posts\/6152\/revisions\/10239"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-json\/wp\/v2\/media\/6157"}],"wp:attachment":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-json\/wp\/v2\/media?parent=6152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-json\/wp\/v2\/categories?post=6152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-json\/wp\/v2\/tags?post=6152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}