{"id":13262,"date":"2019-07-09T21:52:39","date_gmt":"2019-07-09T21:52:39","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=13262"},"modified":"2019-07-09T21:52:39","modified_gmt":"2019-07-09T21:52:39","slug":"the-state-of-small-business-lending-in-russia","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/the-state-of-small-business-lending-in-russia\/","title":{"rendered":"The state of small business lending in Russia"},"content":{"rendered":"

Russia has seen a boom in the number of smaller businesses in the last few years. Unfortunately for them, traditional lenders are, by and large, still focused on providing services to medium- and large-sized businesses. While some smaller businesses are able to find financing through traditional lenders thanks to special concessional lending programs, others seek out other options such as taking out an individual loan for their business. Even classic microfinance institutions (MFIs) are not yet systematically important in the country. This has opened the door for FinTechs to step in and fill the void, and there are three types of FinTech sources smaller businesses are looking at:<\/span><\/p>\n