Economic Impact on Regional Businesses slide image

Economic Impact on Regional Businesses

Loans from friends and family were most accessible, while loans from government institution and banks were least accessible Financial services or funding that firms applied and received (% of firms) Liquidation of assets Loans from government institution Loans from digital financing platforms Loans from non-bank financial institutions Loans from informal lenders Loans from banks Loans from friends and family Delayed payment terms of taxes and debt Delayed payments from suppliers and providers Earlier payments from customers 0% 10% 20% 30% 40% Financial services or funding that firms applied but did not receive (% of firms) Liquidation of assets Loans from government institution Loans from digital financing platforms Loans from non-bank financial institutions Loans from informal lenders Loans from banks Loans from friends and family Delayed payment terms of taxes and debt Delayed payments from suppliers and providers Earlier payments from customers 0% 10% 20% 30% 40% 18
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